Temasek subsidiary leads VN e-commerce enabler OnPoint’s US$50M Series B round

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Temasek subsidiary leads VN e-commerce enabler OnPoint’s US$50M Series B round

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OnPoint, an e-commerce enabler in Vietnam, has secured US$50 million in a Series B round led by SeaTown Private Capital Master Fund, a fund managed by SeaTown Holdings, an indirect wholly-owned subsidiary of Temasek Holdings.

OnPoint has also launched OctoSells, a SaaS product to help SMEs merchants manage online stores “seamlessly”.

Since its Series A round in 2020, the company has focused on developing proprietary technology to integrate and coordinate a network of service partners, utilising data and automating processes to streamline their operations.

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Article Details

Author / Journalist: Sainul

Category: StartupsTechnology

Topics: Vietnam E-commerce OnPoint SeaTown Holdings Temasek Holdings Temasek Investments

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-27, 02:41:27

News Timezone: GMT +8:00

News Source URL:

Language: English

Reading Time: 3 minutes read

Article Length: 447 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 15177

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