JFDI–Innov8 startup business ShopSpot Pte Ltd announced today that a group of angels and business entrepreneurs in Thailand led by Kris Nalamlieng has agreed to invest an undisclosed sum to fund development of ShopSpot’s mobile peer-to-peer commerce platform.
In its own words, ShopSpot “makes selling stuff as easy as sending a tweet”. ShopSpot launched its mobile app on the IOS platform on April 18. Within twelve hours, it had reached number five in its category. Now with over 1,500 downloads, hundreds of items listed for sale and real deals taking place every hour, ShopSpot is rapidly taking hold in Singapore and Thailand which have never previously had a made-for-mobile online marketplace.
JFDI-Innov8 bootcamp 2012 startup Kark Mobile Education Pte Ltd announced today that Ideosource, a Jakarta-based investment firm incorporated in the British Virgin Islands, has invested an undisclosed sum to fund development of a new product.