Grown number of active golfers by 200% since last fundraising Operating as two-sided marketplace to expand golfing community Malaysian startup Deemples Technologies Sdn Bhd has raised US$2 million (RM9.58 million) from Singapore based corporate venture capital firm — V Ventures, to drive its growth and enrich user experience.
Malaysian startup Deemples Technologies Sdn Bhd has raised US$2 million from Singapore based corporate venture capital firm —, to drive its growth and enrich user experience. The investment comes as Deemples has seen its business double over each of the past four years in Malaysia. This investment will further facilitate the startup's plans to expand its presence in Southeast Asia.
“We will use the funds to build a scalable best-in-class product, with a keen focus on relentless innovation, market fit, and to ultimately expand into untapped markets. This is important to the mission of providing the best borderless golfing experience for our community, enabling golf enthusiasts to connect, play, and enjoy the game, anywhere.
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