# FiftyGram Sdn. Bhd.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fiftygram-sdn-bhd

- Industry: Internet
- Headquarters: Kuala Lumpur, Malaysia
- Website: www.50gram.com.my
- Latest round: Seed (Jul 25, 2018)
- Investors on record: 1

## About

FiftyGram Sdn. Bhd. is a floral and gift delivery service based in Malaysia, specializing in fresh flower arrangements, cakes, and gifts for various celebrations in the Klang Valley area.Founded in 2016 in Kuala Lumpur, Malaysia, FiftyGram Sdn. Bhd. operates as a floral and gift delivery service focusing on the Klang Valley region. The company was established by Titus Wong and has maintained a consistent business strategy without significant pivots. It has successfully completed a total of 1 deal, with the most recent deal occurring on July 25, 2018, when TBV Capital led a Seed funding round.FiftyGram specializes in a comprehensive range of floral and gift delivery services, including fresh flower bouquets tailored for occasions such as weddings, anniversaries, and birthdays. The company offers cakes, sweet treats, and plush toys, serving a diverse clientele in Kuala Lumpur, Petaling Jaya, Subang Jaya, and surrounding areas. It has achieved over 250,000 successful deliveries and has a strong social media following of more than 155,000.In 2022, FiftyGram Sdn. Bhd. generated revenue of RM 731,687.60, with an EBITDA of RM -73,967.40. Revenue is primarily derived from direct-to-consumer sales via its online platform, offering flexibility with same-day delivery options and various price ranges from RM 99 to RM 400 for products.FiftyGram Sdn. Bhd. aims to expand its product offerings and geographic reach. Upcoming new products include seasonal gift bundles and themed floral arrangements planned for release throughout 2023. The company is also exploring market expansion beyond the Klang Valley, with targets set for entry into Penang and Johor by mid-2024. The funding from the Seed round in July 2018 will be utilized to develop these new products and support market expansion initiatives.

## Funding rounds

- Seed, Jul 25, 2018 — TBV Capital

## Investors

- TBV Capital (https://capitalatlas.ai/funds/tbv-capital) — Seed