EasyStore

Puchong, Malaysia Founded: 2012 • Age: 14 yrs
Storefront building platform

About EasyStore

EasyStore is a company based in Puchong (Malaysia) founded in 2012.. EasyStore has raised $1.93 million across 1 funding round from investors including 91APP. EasyStore has completed 1 acquisition, including Novochat. EasyStore operates in a competitive market with competitors including Bazaarvoice, Cart.com, SIRCLO, Zubale and BigCommerce, among others.

  • Headquarter Puchong, Malaysia
  • Sectors
    Technology
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Retail → E-Commerce Technology & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.93 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.93 M (USD), Seed

    Nov 26, 2020

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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People of EasyStore
Headcount 10-50
Employee Profiles 22
Employee Profiles
People
Tan Beng Yee
Software Engineer
People
Chan Kee Siak
Co-Founder & CEO
People
Frost Chen
Co-Founder & CTO
People
Alan Kok
Co-Founder & Business Development

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Funding Insights of EasyStore

EasyStore has successfully raised a total of $1.93M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.93 million completed in November 2020. 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 Rounds 1
  • Last Round Seed — $1.9M
  • First Round

    (26 Nov 2020)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2020 Amount Seed - EasyStore Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in EasyStore

EasyStore has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include 91APP. 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.

All
Institutional
Investor Description Founded Year Domain Location
Shopping cart solutions and features are provided to merchants.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by EasyStore

EasyStore has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Novochat. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Platform offering chat marketing software for e commerce businesses
2017
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - EasyStore

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Easystore Comparisons

Employees
+
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Competitors of EasyStore

EasyStore 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 Bazaarvoice, Cart.com, SIRCLO, Zubale and BigCommerce, 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
Provider of SaaS based marking solution
domain founded_year HQ Location
Software suite solutions are provided for e-commerce businesses.
domain founded_year HQ Location
Software suite solutions for e-commerce businesses are provided.
domain founded_year HQ Location
Platform offering retail sales enablement and reward software
domain founded_year HQ Location
SaaS-based software suites for e-commerce operations are provided.
domain founded_year HQ Location
Platforms for e-commerce, marketing, and manufacturing are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Easystore

Frequently Asked Questions about EasyStore

When was EasyStore founded?

EasyStore was founded in 2012 and raised its 1st funding round 8 years after it was founded.

Where is EasyStore located?

EasyStore is headquartered in Puchong, Malaysia. It is registered at Puchong, Selangor, Malaysia.

Is EasyStore a funded company?

EasyStore is a funded company, having raised a total of $1.93M across 1 funding round to date. The company's 1st funding round was a Seed of $1.93M, raised on Nov 26, 2020.

What does EasyStore do?

EasyStore was founded in 2012 and is headquartered in Puchong, Malaysia. A platform is offered to offline business owners for creating online storefronts through pre-designed templates. Features such as integrated payment and shipping options, inventory management dashboards, marketing plugins, and customer service management tools are provided. Operations are supported by monthly subscription plans in the e-commerce sector.

Who are the top competitors of EasyStore?

EasyStore's top competitors include Bazaarvoice, Global-e and Cart.com.

How many acquisitions has EasyStore made?

EasyStore has made 1 acquisition, including Novochat.

Who are EasyStore's investors?

EasyStore has 1 investor. Key investors include 91APP.

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