Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues1.5m3.2m8.8m15.2m15.9m
% growth-119 %174 %73 %5 %

Source: Dealroom estimates

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DateInvestorsAmountRound
-

N/A

-

$10.0k

Angel

$80.0k

Grant

$100k

Seed

$500k

Seed

$1.8m

Valuation: $32.0m

Seed
*

N/A

Seed
Total Funding€2.3m

Recent News about Lapasar

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More about Lapasarinfo icon
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Lapasar is a B2B wholesale platform that streamlines procurement processes for large corporations and small businesses alike. Operating primarily in Malaysia, Lapasar serves clients such as Telekom Malaysia, PETRONAS, and Tenaga Nasional Berhad, providing them with essential operational items like laptops, projectors, and office furniture. The platform has also expanded to cater to Mom and Pop stores, offering fast-moving consumer goods (FMCG) like Milo, Nescafe, and Red Bull via its app.

Lapasar's business model focuses on digitizing and optimizing the procure-to-pay cycle, reducing it by up to 80%. This efficiency not only saves time but also cuts costs for its clients by leveraging a diverse supply base of over 10,000 B2B suppliers. The company generates revenue through transaction fees and possibly subscription models for premium services.

Key features include a comprehensive supplier database, digital procurement processes, and significant cost savings. The platform's fulfillment capabilities and variety of supply options make it a valuable tool for businesses looking to enhance their procurement efficiency.

Keywords: B2B wholesale, procurement, digital processes, cost savings, supplier network, FMCG, Malaysia, efficiency, operational items, app-based ordering.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.