Singapore, April 3, 2024: SingleInterface, the leader in “hyperlocal marketing-to-commerce” software, today announced $30 million in funding in its first external funding round.
Asia Partners, a Singapore-based growth equity investment firm focused on investing in high-growth technology and technology-enabled companies, led the round. PayPal Ventures, PayPal's global corporate venture arm, also participated.
Founded by serial entrepreneur Tarun Sobhani and Smile Group founder Harish Bahl, Single Interface has an integrated suite of products that power digital marketing, customer engagement and e-commerce for multi-location corporate brands. , is recognized as Asia's leading SaaS platform. The company has helped these brands leverage the potential of digital marketing and e-commerce to drive growth at local touchpoints.
Tarun Sobhani, co-founder and CEO of SingleInterface, said: “Our suite of products is proven to deliver impressive revenue growth for our clients, in some cases accounting for 15-20% of revenue. We have a portfolio of products that enable AI-driven marketing and commerce. We are committed to investing more in building our customers' Our mission is to help them grow and win.”
SingleInterface will use this capital injection for three key priorities. It will further strengthen the company's category leadership position in Asia, expand its reach globally, and focus on hyper-local marketing, engagement and commerce products with a particular focus on advanced audience segmentation. The goal is to continually deepen our portfolio. Personalized re-engagement.
Harish Bahl, co-founder and chairman of SingleInterface, said: With this funding, we are poised to explore new markets and further solidify our position as a global leader in enabling marketing and commerce capabilities for multi-location enterprise brands through our suite of products. ”
“We are excited to partner with Tarun, Harish and the team at Single Interface to support their growth ambitions in India and globally,” said Oliver, co-founder of Asia Partners. Rippel said. “SingleInterface has demonstrated an excellent track record of driving customer engagement and commerce for large enterprises over the past few years, firmly establishing itself as a prominent player in the region and improving customer engagement across offline and online customer journeys. We are integrating these to drive growth in our brick-and-mortar stores.”
