UTU Pte.
Latest round
- Series B
Last raised
- Jun 2023
Total raised
- $33M
Investors
- 1
About UTU Pte.
Based in Singapore and founded in 2016 by its CEO Asad Jumabhoy and co-founder Ameer Jumabhoy, UTU Pte. Ltd. operates as a travel technology company that empowers travelers to obtain VAT and GST refunds. As of June 2022, the company has a team of 56 people that operates in France, Italy, Thailand, South Korea, and India. UTU Pte.'s product offering includes the UTU tax-free card which is a virtual card for tourists to upsize their tax refunds via two methods: 25% upsize of the tax refund value in frequent flyer miles from utu’s airline partners or up to 5% more tax refund on payment card when shop in countries that use the Euro; UTU Membership gives utu users access to the benefits of the basic utu tax-free application with the option of bonus features by signing up for a premium tier. The company mobile application Utu tax-free is available on iOS and Android devices.
Who invested in UTU Pte.
1 investor across 1 round
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Funding rounds
Series B
Jun 25, 2023
Amount
$33M
Investors
Questions about UTU Pte.
Who invested in UTU Pte.?
UTU Pte. has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has UTU Pte. raised?
UTU Pte. has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did UTU Pte. last raise money?
UTU Pte.'s most recent round on record is a Series B, in Jun 2023.
What does UTU Pte. do?
Based in Singapore and founded in 2016 by its CEO Asad Jumabhoy and co-founder Ameer Jumabhoy, UTU Pte.
Where is UTU Pte. headquartered?
UTU Pte. is headquartered in Singapore, Singapore.
Which VCs invest in companies like UTU Pte.?
Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at UTU Pte.'s stage. Their profiles are linked below.
VCs backing financial services startups at Series B
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