04 April 2024 – In its first external fundraising round, SingleInterface, a Singaporean SaaS startup that helps offline businesses use the web to boost revenue, raised $30 million. The company plans to use the funds to expand its international reach and enhance its offerings to better align with global brands.
Businesses have been using Internet marketing techniques to draw in more clients and boost sales, even though offline is still common for companies in the U.S., Asia, and Europe. The world’s internet user base is expanding, and that is the main cause of it.
The International Telecommunication Union estimates that 5.4 billion people, or about 67% of the world’s population, use the internet. This is a 4.7% increase from 2022. In contrast, the UN agency reported that as of 2023, there were 2.6 billion people on Earth who were not online.
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The firm assists over 400 multi-location companies in managing the online presence of their brick-and-mortar shops and retail locations across India, Southeast Asia, and the Middle East. It offers resources to help companies increase online customer interaction, improve discovery via a search engine and map listings, handle customer feedback and online reviews, and even create websites with SEO management that give insights for every location.
