Snapcart joins Kickstart Ventures investment portfolio

SNAPCART, the real-time offline shopper and consumer insights startup, late last month closed a $10 million series A funding from several investors, which include Kickstart Ventures, the wholly-owned venture capital company of Globe Telecom.

for a data B2B startup, would be used to advance further Snapcart’s AI-based OCR technology, as well as expand its operations and teams in the Philippines and Indonesia, where it currently operates. Snapcart is pushing to widen its market to include other Southeast Asian countries.

“A sizable amount of the fund will be used to further enhance our product’s proposition. Given our unique organization structure, where our Data Science team is based in Manila, we would ultimately ramp up the Philippines organization,” says Teresa Condicion, co-founder and chief data &

“Kickstart supports entrepreneurs and accelerates the growth of new businesses in the digital technology space. It is co-creating a dynamic innovation ecosystem in the Southeast Asian region, and helping to promote partnerships between startups and large enterprises,” said Minette Navarrete, Kickstart president.

Photo from left: Laith Abu Rakty, co-founder and chief technology of Araya Hutasuwan, co-founder & chief