Indonesia’s Snapcart Announces US$1.6-million Pre-Series A Round Funding

Jakarta-based cashback mobile app Snapcart has secured US$1.6-million in a pre-Series-A funding, led by Wavemaker Partners, SPH-Media Fund, SMDV and Ardent Capital. With this newly raised fund, the startup plans to develop new features such as engagement videos and analytical dashboard tools that will accommodate brands to see consumer behaviour in real-time, and expand into Southeast Asian markets.
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