About Chope
Chope is a company based in Singapore (Singapore) founded in 2011 by Arrif Ziaudeen was acquired by Grab in July 2024.. Chope has raised $39.76 million across 6 funding rounds from investors including Grab, Moelis & Company and Singapore Press Holdings. Chope has completed 2 acquisitions, including Makanluar and Ticktok. Chope operates in a competitive market with competitors including Square Meal, TableDB, MakanJoy, SingEat and DiningCity, among others.
- Headquarter Singapore, Singapore
- Founders Arrif Ziaudeen
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name The Chope Group Pte. Ltd.
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Annual Revenue
$17.66 M (USD)9as on Dec 31, 2021
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Net Profit
$-6.98 M (USD)-71as on Dec 31, 2021
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EBITDA
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Total Equity Funding
$39.76 M (USD)
in 6 rounds
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Latest Funding Round
$15 M (USD), Series E
Aug 25, 2021
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Investors
Grab
& 12 more
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Employee Count
Employee Count
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Investments & Acquisitions
Makanluar
& 1 more
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Acquired by
Grab
(Jul 22, 2024)
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Funding Insights of Chope
Chope has successfully raised a total of $39.76M across 6 strategic funding rounds. The most recent funding activity was a Series E round of $15 million completed in August 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series E — $15.0M
- First Round First Round
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series E - Chope | Valuation | Alipay |
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| Oct, 2017 | Amount | Series D - Chope | Valuation | Square Peg Ventures | |
| Jun, 2015 | Amount | Series C - Chope | Valuation | Singha Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Chope
Chope has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Grab, Moelis & Company and Singapore Press Holdings. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage technology startups are invested in by Openspace Ventures.
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Founded Year | Domain | Location | |
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Multi-stage tech-focused VC investment company funding companies in globally
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Founded Year | Domain | Location | |
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Investing in and supporting insurgent consumer brands in India and Southeast Asia.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Chope
Chope has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Makanluar and Ticktok. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Table reservations for restaurants are booked via an online platform.
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2013 | ||||
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Restaurant queues are managed via customer registration and mobile notifications.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Chope
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Chope Comparisons
Competitors of Chope
Chope operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Square Meal, TableDB, MakanJoy, SingEat and DiningCity, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform for restaurant recommendations, reviews, and bookings in various cities.
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| domain | founded_year | HQ Location |
Provides an online platform for restaurant reservations and bookings.
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| domain | founded_year | HQ Location |
Upcoming service for email subscriptions and website updates.
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| domain | founded_year | HQ Location |
Functions as an online platform for discovering and reserving restaurants.
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| domain | founded_year | HQ Location |
Operates a digital hub for restaurant reviews and table bookings.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Chope
Frequently Asked Questions about Chope
When was Chope founded?
Chope was founded in 2011.
Where is Chope located?
Chope is headquartered in Singapore, Singapore.
Who is the current CEO of Chope?
Arrif Ziaudeen is the current CEO of Chope. They have also founded this company.
Is Chope a funded company?
Chope is a funded company, having raised a total of $39.76M across 6 funding rounds to date. The company's 1st funding round was a Series C of $8M, raised on Jun 01, 2011.
What is the annual revenue of Chope?
Annual revenue of Chope is $17.66M as on Dec 31, 2021.
What does Chope do?
Chope was founded in 2011 and is headquartered in Singapore. An online platform is operated for restaurant discovery and table reservations across cities including Singapore, Hong Kong, Beijing, and Bangkok. Access is provided to more than 4000 restaurants, with deals available to users. The service is supported by a mobile app compatible with both Android and iOS devices. Leadership is provided by co-founder and CEO Arrif Ziaudeen.
Who are the top competitors of Chope?
Chope's top competitors include Square Meal, TableDB and MakanJoy.
How many acquisitions has Chope made?
Who are Chope's investors?
Chope has 13 investors. Key investors include Grab, Moelis & Company, Singapore Press Holdings, CapitaLand, and Alipay.
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