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
- SectorsRetail
- Website category Finance · Banking Credit and Lending
- Email••••••••
- Phone•••• ••••
- Website lapasar.com
- Social LinkedIn X Facebook
- Legal Name Lapasar Sdn. Bhd.
- Total Equity Funding$2.32M (USD)
in 4 rounds
- InvestorspitchIN
& 5 more
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.
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 $2.32M
- Total Rounds 4
- First Round $500,000
(Jul 2019)
- Investors Count 6
All 4 funding rounds of Lapasar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2024 | – | Series A | – | Kumpulan Wang Persaraan | – |
| Feb 2023 | – | Series A | – | Gobi Superseed II Fund | – |
| May 2021 | $1.82M | Series A | – | Shopper360 | |
| Jul 2019 | $500,000 | Seed | – | SeedPlus, NEXEA | – |
6 investors in total: 6 institutional.
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 |
|---|---|---|---|---|
- | – | gobisuperseediifund.tcc.mode | - | |
Seed & early stage tech focused VC firm funding companies in Singapore and India | – | seedplus.com | Singapore, Singapore | |
VC, Accelerator and Angel Network for Malaysia & Southeast Asia based companies | – | nexea.co | Subang Jaya, Malaysia | |
Manages pension contributions, investments, and payments for public sector workers and employers. | 2007 | kwap.gov.my | Kuala Lumpur, Malaysia | |
Digital marketing services are provided by Shopper360 in Malaysia. | 1986 | shopper360.com.my | Petaling Jaya, Malaysia | |
Creative projects are supported via reward-based crowdfunding on PitchIn. | 2015 | pitchin.my | Kuala Lumpur, Malaysia |
Investor details for Lapasar
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Lapasar
16 people are tracked at Lapasar (7 in leadership, 9 in team).
| Name | Role | Group |
|---|---|---|
Thinesh Kumar Asogan | Co-Founder & CEO | Leadership |
Lakshman Das Asogan | Co-Founder & COO | Leadership |
Kogilan Muthu | Head Of Sourcing | Leadership |
Collin Ng | Head Of Procurement (fmcg) | Leadership |
Dannis Raj David | Chief Operations Officer & Co-Founder | Leadership |
Noomi Fessler | CFO | Leadership |
Anbuarasan Krishnan | Head Of Operations | Leadership |
Danendran Subramaniam | Lead Resource Management | Team |
Nurul Faqihah | Finance Executive | Team |
Wan Md Iqbal | Senior Finance Executive | Team |
Aizuddin Kahiruddin | Warehouse Operations Manager | Team |
Kali Das Muniandi | Operations Lead | Team |
Siveranjini Devaraju | Corporate Executive | Team |
Ekmal Zamri | Senior HR & Ops Executive | Team |
Norfarhana Rozian | Corporate Projects Executive | Team |
AAINAA HUSNA AHMAD RAMLI | Corporate Finance Lead | Team |
Complete people profiles for Lapasar
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Lapasar
3 dated milestones of Lapasar across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Lapasar is founded.
- Funding First funding round of $500K.
- Funding Latest funding round, Series A,.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cart.com | 2020 | Austin, United States | $481.56M | 998 | Software suite solutions are provided for e-commerce businesses. | |
| anymindgroup.com | 2016 | Singapore | $79.7M | – | Platforms for e-commerce, marketing, and manufacturing are provided. | |
| bigcommerce.com | 2009 | Austin, United States | $233.45M | 1,321 | SaaS-based software suites for e-commerce operations are provided. | |
| bizongo.com | 2015 | Mumbai, India | $257.08M | 94 | Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | |
| anscommerce.com | 2017 | Gurugram, India | $2.52M | 45 | E-commerce solutions and logistics are provided for online businesses. | |
| commerceiq.ai | 2012 | Mountain View, United States | $195.5M | 256 | AI platform for retail ecommerce management and optimization is provided. | |
| pattern.com | 2013 | Lehi, United States | $277M | 166 | Software suite solutions are provided for brands and e-commerce businesses. | |
| zubale.com | 2018 | Mexico | $72.3M | – | Platform offering retail sales enablement and reward software | |
| baozun.com | 2007 | Shanghai, China | – | – | E-commerce solutions are provided for retail brands online. | |
| acommerce.asia | 2013 | Bangkok, Thailand | $118.8M | – | End-to-end e-commerce solutions for brands are provided. |
Detailed competitors of Lapasar
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Lapasar
The website of Lapasar (lapasar.com) receives about 55K visits a month and ranks #576,554 among all websites worldwide, #7,447 in Banking Credit and Lending.
- Monthly visits55K
▲ 21.7% vs previous month
- Unique visitors5.5K
per month
- Global rank#576,554
among all websites
- Category rank#7,447
Finance · Banking Credit and Lending
- Bounce rate26%
- Pages per visit6.1
- Average visit17 min 49 sec
- DevicesDesktop 82% · Mobile 18%
Websites whose visitors overlap most with Lapasar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| technode.global | 100% | 97.2K | #441,550 | View details | |
| pitchin.my | 100% | 23.7K | #991,617 | View details | |
| petronas.com | 100% | 572.5K | #73,756 | View details |
Latest news on Lapasar
Complete news archive for Lapasar
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Lapasar
10 companies that operate in the same segment as Lapasar (E-Commerce Enablers & Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
E-commerce storefront solutions are provided for online businesses. | 2006 | Ottawa, Ontario, Canada | USD 122.25 M | USD 8.45 B | 8,100 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
SaaS email marketing solutions are offered to e-commerce businesses. | 2012 | Boston, Massachusetts, United States | USD 778.5 M | USD 1.23 B | 2,180 | |
Platform acquiring Amazon FBA brands | 2018 | Walpole, Massachusetts, United States | USD 3.35 B | – | 1 | |
Delivery channels management software is provided for restaurants. | 2015 | Bengaluru, Karnataka, India | USD 32.32 M | USD 2.97 M | 171 | |
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | – | 128 | |
Digital consumer brands are acquired and enabled by technology platform. | 2004 | Manchester, Greater Manchester, United Kingdom | USD 722.56 M | USD 2.32 B | 6,790 |
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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 Seed of $500K, raised on Jul 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.
Lapasar operates through Lapasar Sdn. Bhd..