About Lapasar
Lapasar is a company based in Shah Alam (Malaysia) founded in 2016 by Thinesh Kumar Asogan and Lakshman Das Asogan.. Lapasar has raised $2.32 million across 4 funding rounds from investors including pitchIN, Shopper360 and Kumpulan Wang Persaraan. Lapasar offers products and services including Lapasar Wholesale and Corporate Marketplace. Lapasar operates in a competitive market with competitors including Cart.com, AnyMind Group, BigCommerce, Bizongo and ANS Commerce, among others.
- Headquarter Shah Alam, Malaysia
- Founders Thinesh Kumar Asogan, Lakshman Das Asogan
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Lapasar Sdn. Bhd.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$2.32 M (USD)
in 4 rounds
-
Latest Funding Round
-
Investors
pitchIN
& 5 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Lapasar
Lapasar offers a comprehensive portfolio of products and services, including Lapasar Wholesale and Corporate Marketplace. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for SMEs to buy supplies and manage on-demand logistics.
Digitizes procurement processes from request to delivery efficiently.
Unlock access to complete
Funding Insights of Lapasar
Lapasar has successfully raised a total of $2.32M across 4 strategic funding rounds. 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 4
- Last Round Last Round
-
First Round
First Round
(11 Jul 2019)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series A - Lapasar | Valuation | Kumpulan Wang Persaraan |
|
| Feb, 2023 | Amount | Series A - Lapasar | Valuation | Gobi Superseed II Fund |
|
| May, 2021 | Amount | Series A - Lapasar | Valuation | Shopper360 |
| 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 Lapasar
Lapasar has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include pitchIN, Shopper360 and Kumpulan Wang Persaraan. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Seed & early stage tech focused VC firm funding companies in Singapore and India
|
Founded Year | Domain | Location | |
|
VC, Accelerator and Angel Network for Malaysia & Southeast Asia based companies
|
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 Lapasar
| 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 |
Financial Statements - Lapasar
| 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 |
Lapasar Comparisons
Competitors of Lapasar
Lapasar 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 Cart.com, AnyMind Group, BigCommerce, Bizongo and ANS Commerce, 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 |
Software suite solutions are provided for e-commerce businesses.
|
|
| domain | founded_year | HQ Location |
Platforms for e-commerce, marketing, and manufacturing are provided.
|
|
| domain | founded_year | HQ Location |
SaaS-based software suites for e-commerce operations are provided.
|
|
| domain | founded_year | HQ Location |
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
|
|
| domain | founded_year | HQ Location |
E-commerce solutions and logistics are provided for online businesses.
|
|
| domain | founded_year | HQ Location |
AI platform for retail ecommerce management and optimization is 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 Lapasar
Frequently Asked Questions about Lapasar
When was Lapasar founded?
Lapasar was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Lapasar located?
Lapasar is headquartered in Shah Alam, Malaysia. It is registered at Shah Alam, Selangor, Malaysia.
Who is the current CEO of Lapasar?
Thinesh Kumar Asogan is the current CEO of Lapasar. They have also founded this company.
Is Lapasar a funded company?
Lapasar is a funded company, having raised a total of $2.32M across 4 funding rounds to date. The company's 1st funding round was a Series A of $1.82M, raised on Jul 11, 2019.
What does Lapasar do?
Founded in 2016 and based in Shah Alam, Malaysia, Lapasar operates in the procurement software sector. Solutions are offered for procurement processing, request for quotation handling, purchase order management, and delivery tracking. Products include a B2B marketplace for front-end procurement, an RFQ tool for online workflows, and an e-bidding platform for supplier onboarding. Additionally, items such as laptops, projectors, office furniture, and operational supplies are supplied to businesses.
Who are the top competitors of Lapasar?
Lapasar's top competitors include CommerceIQ, Cart.com and aCommerce.
What products or services does Lapasar offer?
Lapasar offers Lapasar Wholesale and Corporate Marketplace.
Who are Lapasar's investors?
Lapasar has 6 investors. Key investors include pitchIN, Shopper360, Kumpulan Wang Persaraan, Gobi Superseed II Fund, and SeedPlus.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.