Fairmart Raises USD$1.5M in Seed Funding
- Fairmart, a Singapore-based platform that helps SME retailers to automatically digitise their products so shoppers can find them online, raised US$1.5M in Seed funding
- The round was led by Quest Ventures and Entrepreneur First, with participation from SOSV, Vectr Ventures and Hustle Fund
- The company intends to use the funds to expand operations and its business reach
- The company supports the digital transformation of minimarts, grocery and specialty stores in Singapore by automating inventory and omni-channel engagement
- It is now available to retail stores in Singapore. Interested retailers can visit the Fair mart website and sign up for a demo
- The company was founded with support from Enterprise Singapore’s incubation partner, Entrepreneur First
