About Octopus
Octopus is a company based in Singapore (Singapore) founded in 2002 was acquired by Shopmatic in March 2019. It operates as a SaaS (Software-as-a-Service). Octopus offers products and services including Retail POS, Food POS, and E-Commerce. Octopus operates in a competitive market with competitors including Square, SpotOn, Clover, Clip and ShopKeep, among others.
- Headquarter Singapore, Singapore
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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 Octopus Retail Management
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Products & Services of Octopus
Octopus offers a comprehensive portfolio of products and services, including Retail POS, Food POS, and E-Commerce. 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.
Retail management solution for various store types offered.
POS system for cafes and restaurants is provided.
Platform for global market expansion is made available.
Funding Insights of Octopus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Octopus
Octopus has secured backing from 1 investor. Prominent investors backing the company include Shopmatic. 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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Cloud-based shopping cart solutions with payments and logistics are provided.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Octopus
| 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 |
Financial Statements - Octopus
| 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 |
Octopus Comparisons
Competitors of Octopus
Octopus 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, SpotOn, Clover, Clip and ShopKeep, 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 |
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| domain | founded_year | HQ Location |
POS solutions are provided for retail businesses.
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Provider of cloud-based POS software solutions for businesses and service providers
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Cloud-based mPOS system for small business operations is offered.
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| domain | founded_year | HQ Location |
POS solutions are provided to offline retailers via mobile devices.
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| domain | founded_year | HQ Location |
Cloud-based point-of-sale software is provided for retailers and restaurants.
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| domain | founded_year | HQ Location |
Payment processing solutions are offered to merchants and businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Octopus
Frequently Asked Questions about Octopus
When was Octopus founded?
Octopus was founded in 2002.
Where is Octopus located?
Octopus is headquartered in Singapore, Singapore.
What does Octopus do?
A comprehensive suite of retail management solutions is offered by Octopus, including Point of Sale (POS) systems for retail and food sectors, inventory management, customer relationship management, and e-commerce platforms. Solutions are designed for various industries such as fashion, health, beauty, electronics, and food and beverage. Seamless integration with multiple platforms and devices is ensured, supporting business operations and scalability for future expansion.
Who are the top competitors of Octopus?
What products or services does Octopus offer?
Octopus offers Retail POS, Food POS, and E-Commerce.
Who are Octopus's investors?
Octopus has 1 investor. Key investors include Shopmatic.
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