# Sendtech Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sendtech-pte

- Industry: Consumer Services
- Headquarters: Singapore, Singapore
- Website: www.sendhelper.com
- Total disclosed funding: $0.4M
- Latest round: Seed (Sep 6, 2018)
- Investors on record: 3

## About

Sendtech Pte Ltd is a technology-driven company specializing in logistics and on-demand delivery solutions, enhancing efficiency in the transportation sector across Singapore.Sendtech Pte Ltd was founded in 2014 in Singapore and operates as a logistics service provider. The company has undergone no significant pivots in its business strategy since inception. It was founded by Bogdan M, Ramneek Handa, and Rupam B. As of October 2022, Sendtech was acquired by PropertyGuru Pte. Ltd., with undisclosed financial terms. The company has participated in 3 funding deals, with its latest being a Seed round in which it raised USD 0.420 mn, led by Captii Ventures alongside other investors including Frontier Nordic Pte Ltd. and Muru Digital. The total amount raised by Sendtech is USD 0.420 mn, and its current valuation is USD 1.467 mn.Sendtech Pte Ltd provides a comprehensive range of logistics and delivery services that cater to businesses and individuals. Their offerings include on-demand deliveries, efficient routing and tracking solutions, and a platform to streamline logistics operations. The company focuses on delivering reliable services primarily within Singapore, facilitating a better experience for customers in need of swift delivery solutions.In the most recent fiscal year 2023, Sendtech Pte Ltd reported a revenue of USD 659,831, with an EBITDA of USD -2,888,808.7, indicating the company's operational costs surpass its earnings.Looking ahead, Sendtech Pte Ltd plans to launch new logistics solutions aimed at enhancing last-mile delivery services within Singapore by mid-2024. The recent funding from the Seed round will be utilized to expand its technology infrastructure and develop new product offerings. Additionally, the company aims to explore opportunities for expansion into neighboring Southeast Asian markets by 2025, leveraging its acquisition by PropertyGuru as a potential catalyst for growth.

## Funding rounds

- Seed, Sep 6, 2018, $0.4M — Muru Digital, Captii Ventures, Frontier Nordic Pte Ltd.

## Investors

- Muru Digital — Seed
- Captii Ventures (https://capitalatlas.ai/funds/captii-ventures) — Seed
- Frontier Nordic Pte Ltd. — Seed