Malaysian startup Kravve.co raises RM1.25mil, to expand into Singapore

Teh (second from left) and his team are expanding to Singapore as part of their target to sign up 10,000 more mom-and-pop businesses. — Kravve.co

Local startup Kravve.co, which bills itself as an online bazaar for artisanal homemade food, is expanding out of Malaysia to work with more mom-and-pop businesses following an RM1.25mil fundraising round.

The online marketplace, which enables home cooks and small food businesses to sell their goods online, raised the sum through equity crowdfunding (ECF) platform pitchIN, in exchange for 11.11% of its equity.