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
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Sectors
Retail
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Lapasar Sdn. Bhd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.32 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
pitchIN
& 5 more
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Employee Count
Employee Count
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Products & Services of Lapasar
Lapasar offers a comprehensive portfolio of products and services, including Lapasar Wholesale and Corporate Marketplace.
Platform for SMEs to buy supplies and manage on-demand logistics.
Digitizes procurement processes from request to delivery efficiently.
People of Lapasar
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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
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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 |
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| Feb, 2023 | Amount | Series A - Lapasar | Valuation | Gobi Superseed II Fund |
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| May, 2021 | Amount | Series A - Lapasar | Valuation | Shopper360 |
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.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Seed & early stage tech focused VC firm funding companies in Singapore and India
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Founded Year | Domain | Location | |
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VC, Accelerator and Angel Network for Malaysia & Southeast Asia based companies
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Founded Year | Domain | Location |
Investments & Acquisitions by Lapasar
Financial Statements - Lapasar
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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Software suite solutions are provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
Platforms for e-commerce, marketing, and manufacturing are provided.
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| domain | founded_year | HQ Location |
SaaS-based software suites for e-commerce operations are provided.
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| domain | founded_year | HQ Location |
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
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| domain | founded_year | HQ Location |
E-commerce solutions and logistics are provided for online businesses.
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| domain | founded_year | HQ Location |
AI platform for retail ecommerce management and optimization is provided.
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Frequently Asked Questions about Lapasar
Lapasar was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Lapasar is headquartered in Shah Alam, Malaysia. It is registered at Shah Alam, Selangor, Malaysia.
Thinesh Kumar Asogan is the current CEO of Lapasar. They have also founded this 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.
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.
Lapasar's top competitors include CommerceIQ, Cart.com and aCommerce.
Lapasar offers Lapasar Wholesale and Corporate Marketplace.
Lapasar has 6 investors. Key investors include pitchIN, Shopper360, Kumpulan Wang Persaraan, Gobi Superseed II Fund, and SeedPlus.