Helicap Pte Ltd secured a Series B funding round led by Kenanga Investment Bank Bhd, acquiring an 8% stake, to enhance its digitalisation initiatives.
Sep 02, 2024•over 1 year ago
Round Type
series b
Investors
Saison Capital Pte LtdKenanga Investment Bank Bhd
Description
Kenanga Investment Bank Bhd has partnered with Helicap Pte Ltd to boost digitalisation efforts. As part of its Series B funding round, Kenanga group is set to increase its stake to 10%, becoming the largest institutional investor in Helicap.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers