RHL Ventures participated in Signature Market’s Series A, along with other investors such as the Axiata Digital Innovation Fund.
SoCar plans to invest its proceedings in R&D to offer better mobility services through its platform.
The IPO will comprise of 16.77 million shares at a par value of 10 baht each.
The new funding will see Akulaku deepen its ties with Alibaba’s assets in Southeast Asia.
Following the acquisition, Alconomy’s technology will help EZAdvance in providing digital banking services in the Philippines.
Pixibo plans to use the additional funding capital to do retail personalization space and expand its service into the footwear category.