Tech Company Financing Transactions
Neo Group Funding Round
Neo Group closed a $50 million funding round on 8/16/2023. Investors included Peak XV Partners.
Transaction Overview
Company Name
Announced On
8/16/2023
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
Peak XV Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate growth, both organically and externally, and expand operations.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1 Enterprise Road
Singapore, 629813
SG
Singapore, 629813
SG
Phone
Undisclosed
Website
Email Address
Overview
Neo Group Ltd provides food catering services in Singapore. It operates in five segments. Food Catering Business segment offers events catering services under the Neo Garden Catering, Orange Clove Catering brand names to corporate, community, or private functions. Food Retail Business segment operates and franchises a chain of food retail outlets specializing in Japanese cuisine. Supplies and Trading Business segment supplies food ingredients and food products for third parties' catering businesses. Food Manufacturing segment manufactures, distributes, and retails surimi-based seafood products; DoDo branded fish balls; and rice dumplings. Other Businesses segment designs, markets, and distributes floral arrangements, gifts, and hampers; and manufactures cakes, and confectionery products.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Neo Kiat
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