Singapore-based e-commerce solution provider, Graas has raised over $40 million in Series A funding round led by AJ Capital, Galaxy (Kejora-led SPV), Integra Partners, and Yuj Ventures. The round also saw participation from angel investors and industry leaders across deep tech, retail, ad tech and private equity.
The company claim to raise fund used to launch a category-defining technology solution ‘Growth-as-a-service’.
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“In SEA and India, the intersection of AI, e-commerce, edtech, and fintech presents a multi-billion dollar opportunity. Partnering with Graas is exciting for us because they have not only seen this market gap but also created a new category.
“In SEA and India, the intersection of AI, e-commerce, edtech, and fintech presents a multi-billion dollar opportunity. Partnering with Graas is exciting for us because they have not only seen this market gap but also created a new category. With the e-commerce industry in the region seeing significant growth, brands are waking up to the fact that they need a flexible solution that can propel their e-commerce business to new heights, ultimately increasing their bottom line,'” said Jinesh Patel, managing partner of Integra Partners.
Founded in 2022, Graas is a ‘Growth-as-a-service’ technology solution provider using predictive AI to turbo-charge growth for e-commerce business. Graas integrates traditional data silos and applies a machine-learning AI engine, acting as an in-house data scientist to predict trends and give real-time insights and actionable recommendations for brands.