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NUR-SULTAN. KAZINFORM The AIFC member, Uzbekistan-based retail startup, «BILLZ», has successfully closed a $650 000 investment round, led by a Singapore-based venture capital (VC) firm Quest Ventures, that invests in innovative projects in the region, and Sturgeon Capital, a London-based VC fund that invests in early-stage innovative projects.
The e-commerce boom has benefited many businesses, especially as the Covid-19 pandemic restricted in-store shopping. Online shopping has since become
Zilingo made headlines for suspending its CEO while Philippine tech firm Voyager Innovations joined the unicorn club this week.
The accelerator programme, which will run from June to August this year, will offer funding of up to $40,000 to seed-stage startups.
A Singapore-based startup is helping brick and mortar minimarts and grocery stores transition online and has secured support from investors to continue their efforts.