Chope funding round secures $18 million
By Wei Zhang
1 min read
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Restaurant-booking app Chope has secured S$18 million from multiple investors.
Led by venture capital firm Square Peg Capital, the investors in the funding round include Moelis Australia, NSI Ventures and SPH Ventures.
Chope CEO Arrif Ziaudeen says the funds will be used to improve product, increase staff numbers and enhance customer support. The Singapore-based company will also “invest heavily in further innovations” while deepening its reach into its markets across Asia.
“Chope offers a compelling service to both restaurants and diners,” says Square Peg partner Tushar Roy.