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Borong

borong is a SaaS-enabled marketplace that connects brands like… 


Company Size

51 - 250 employees

Year Founded

2017


About Borong

Our mission is to help local independent retailers find their best-sellers investors by matching them with the right supplier and brands.

We believe that today's evolution of the wholesale industry has stifled the growth of many SME businesses. The supply-chain in Malaysia and across Southeast Asia lacks meaningful real-time connectivity between suppliers and retailers. Hence we are determined to transform this industry by providing businesses the right tools to grow.

Our modern, digital approach to the wholesale industry allows retailers to discover, purchase, and manage inventories for their store - all on a single marketplace platform. And our software tool for suppliers helps businesses to deal with all the pain points of growing customer database, from ordering to payments.

With our data-driven approach, we connects local, independent retailers with the right brands, distributors, and wholesalers to stock their store with the best products. This saves retailers and suppliers time and money, allowing them to focus on what's most important: building and running their business.

borong is headquartered in Kuala Lumpur, Malaysia.


Latest Jobs


Founders & Key People

Lennise Ng

Lennise Ng

Founder, Dropee

Aizat Rahim

Aizat Rahim

Founder, Dropee

Haslinda Rasip

Haslinda Rasip

Co-founder of Dropee


Financials Beta

Business Model: Not Specified

Revenues: $1.5 Million - $4.5 Million / year

Expenses: $1.5 Million - $4.5 Million / year

Debt: Request

Operating Status: Active

Funding Raised: $8.8 Million

Investment Rounds: 7 Rounds

Funding Stage: Series A

Last Funding Date: Series A


Investors

Cradle Fund

The World Is Evolving. Your Move.

Vynn Capital

Southeast Asia based venture capital firm

Y Combinator

Not your average fixed point combinator.

Prasetia Dwidharma

Telecommunications and Infrastructure Contractor

TERAJU

Leading, driving and coordinating the Bumiputera agenda as part of the National Transformation Plan


Funding Rounds

Funding

$8.8 Million

Funding Rounds

7 rounds

A

$3,000,000

Series A Round

Early Stage

Jan 2022

Vynn Capital Logo
D

$4,000,000

Debt Round

Jan 2022

S+

$1,250,000

Pre-Series A Round

Early Stage

Jul 2020

Y Combinator Logo
S

$350,000

Seed Round

Early Stage

Jan 2019

Vynn Capital LogoPrasetia Dwidharma Logo
G

$125,000

Grant Round

May 2017

TERAJU Logo
G

$37,500

Grant Round

Mar 2017

Cradle Fund Logo
PS

$75,000

Pre-Seed Round

Early Stage

Jan 2017


Frequently Asked Questions

What industry is Borong in?

Borong is in the E-Commerce, FMCG, Manufacturing, and Software/Internet industry.

Who are Borong's founders and individuals in key leadership positions?

Borong has 3 founders and people in key management positions. They are:
  • Lennise Ng
  • Aizat Rahim
  • Haslinda Rasip
  • How long has Borong been in business?

    Borong was established in 2017 (7 years in business).

    Is Borong currently hiring?

    Yes, Borong is currently hiring for 1 job positions.

    Visit Borong's Jobs Page to view a list of all open positions.

    Which country is Borong headquartered in?

    Borong is based in Malaysia.

    How much funding has Borong raised to date?

    Borong has raised USD$8.8 Million in funding over 7 rounds. Their most recent round was a Series A round.

    Who are Borong's investors?

    Borong has 5 investors. They are:
    • Cradle Fund
    • Vynn Capital
    • Y Combinator
    • Prasetia Dwidharma
    • TERAJU

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