What is Zaapi?
Founded in 2020 and headquartered in Singapore, Zaapi offers a free-to-use mobile application designed to empower sellers by allowing them to establish online stores and commence e-commerce operations swiftly. This platform addresses the growing need for accessible and user-friendly tools for small businesses and individual entrepreneurs looking to tap into the online marketplace, simplifying the process of digital storefront creation and sales management.
How much funding has Zaapi raised?
Zaapi has raised a total of $4M across 1 funding round:
Angel/Seed
$4M
Angel/Seed (2022): $4M with participation from Partech International, GFC, Kaya Founders, XA Network, 1982 Ventures, Invertidos, Iterative Capital Management, Flourish, and Sketchnote Partners
Key Investors in Zaapi
Partech International
Partech is a global investment firm that supports entrepreneurs at seed, venture, and growth stages across multiple continents, with a significant investment capacity. They invest in a wide range of technologies and businesses for enterprises and consumers.
1982 Ventures
1982 Ventures is a venture capital firm actively investing in early-stage enterprise AI and fintech opportunities, particularly in Southeast Asia. They focus on supporting founders shaping the future of finance and technology.
Flourish
Flourish Ventures is an early-stage global venture capital firm that invests in mission-driven fintech founders, offering support for mental resilience and business development. They aim to create fair financial systems and empower small businesses globally.
What's next for Zaapi?
The recent major strategic investment signals Zaapi's transition into a scaling phase, likely focusing on expanding its user base, enhancing platform features, and potentially exploring new geographic markets. This capital infusion is expected to fuel further development and solidify its position as a key player in the mobile-first e-commerce solution space, enabling more sellers to benefit from online selling capabilities.
See full Zaapi company page
