StartupX
The new funding will be used for hiring, especially marketing and operations positions for customer service as the company scales. Reebelo currently operates in Singapore, but plans to expand across the Asia-Pacific region over the next two to three years.
University students are taking a shine to start-ups, with more joining entrepreneurship and venture capital programmes. An Enterprise Singapore spokesman said that as at end June, over 680 people have taken part in its venture building programme which trains aspiring entrepreneurs with no business experience to launch their start-up.
Yesterday, 110 startups descended on WeWork and fought gallantly to be crowned TOP100 champions of the Singapore leg.