Tokyo and Bangkok based Synqa has recently announced their $120 million Series C funding from several investors. The capital will be used to further Synqa’s mission of helping local businesses in Asian countries to create an omnichannel experience for their customers.
Synqa is a B2B hyperlocal business platform that bridges the gap between physical retail and digital platforms, enabling retailers to create an engaging customer experience and make informed decisions. With its headquarters in Tokyo, Japan and its development center in Bangkok, Thailand, Synqa provides online ordering, cloud payments, last-mile delivery and other services to retailers.
What is Synqa?
Synqa is a B2B hyperlocal business platform that helps local businesses to create seamless and personalized experiences for their customers around the world. It offers retailers a wide range of APIs and tools that can be used to enable the customers to make next-day deliveries, add loyalty points, get personal discounts, and place orders on their own.
Synqa also allows businesses to better manage their inventory, personalize their customer experiences, and create a global customer base.
What Does the Series C Mean for Synqa?
The $120 million Series C of funding from investors will go towards the expansion of Synqa’s services, product innovation and increased customer base. Specifically, the funds will be used to bring local businesses across the Asia-Pacific region closer together and help them to create a more unified customer experience.
Synqa also plans to leverage the funding to increase its retail partners, expand into new markets in Southeast Asia, develop new technologies and services, and invest in people to accelerate their growth.
What Does Synqa Hope to Achieve?
Synqa hopes to create an omni-channel customer experience for its retail partners. By combining its APIs and tools, Synqa enables retailers to connect their physical stores with ecommerce platforms, thereby creating a seamless experience for their customers.
Additionally, Synqa plans to use the Series C funding to increase its network of merchants, enabling local businesses to better manage their inventory, operations and customer relationships. This will allow retailers to attract new customers, deliver better quality services, and increase their revenues.
Synqa’s Impact on Local Retailers
Synqa’s platform helps local retailers to rapidly adapt to changing customer demands and implement the latest trends in retail. The platform also enables retailers to quickly update their inventory and services to meet their customer’s needs.
Synqa enables local merchants to drive sales growth and increase profitability while enhancing their customers’ experiences. The platform helps retailers to create an omnichannel experience, automatically update their inventory, personalize loyalty programs, and accurately track customer analytics.
In addition, Synqa helps local retailers to easily transition to providing digital services. This includes providing order fulfillment, storefronts, and payment processing to customers around the world.
Reactions to Synqa’s Series C Funding
The Series C funding for Synqa has been well-received by investors and retail experts alike. They have lauded Synqa’s decision to use the capital to strengthen its product and operations.
The funding will enable the platform to accelerate its growth and expand into new markets. Additionally, it will give Synqa the resources to increase its merchant network, allowing local businesses to benefit from its tools and services.
Conclusion
Synqa is a B2B hyperlocal platform that helps local businesses create a seamless customer experience. It recently received $120 million in Series C funding to expand its services, product innovation, and customer base. The capital will be used to bring local businesses across the Asia-Pacific region closer together and help them to create an omnichannel customer experience. Synqa’s growth is expected to benefit local retailers by providing them with the technologies and services to rapidly adapt to changing customer demands.
Related FAQs
- What is Synqa?
- Synqa is a B2B hyperlocal business platform that helps local businesses to create seamless and personalized experiences for their customers around the world.
- What does Synqa hope to achieve?
- Synqa hopes to create an omni-channel customer experience for its retail partners. By combining its APIs and tools, Synqa enables retailers to connect their physical stores with ecommerce platforms, thereby creating a seamless experience for their customers.
- What does the Series C mean for Synqa?
- The $120 million Series C of funding from investors will go towards the expansion of Synqa’s services, product innovation and increased customer base. Specifically, the funds will be used to bring local businesses across the Asia-Pacific region closer together and help them to create a more unified customer experience.
- What is opn synqa 120m series c 1b nusseyreuters?
- Synqa, an Asia-based B2B hyperlocal platform, recently closed a $120 million Series C funding round from investors, including Nussey and Reuters. The round will be used for product innovation, customer base expansion, and the expansion of services into new markets in Southeast Asia.
- About tokyo opn synqa 120m series 1b nusseyreuters.
- Synqa is a Tokyo and Bangkok based B2B hyperlocal platform that recently raised $120 million in a Series C round of funding led by Nussey and Reuters. The capital will be used to help local businesses in Asian countries to create an omnichannel experience for their customers.
- About tokyo synqa 120m c 1b nusseyreuters.
- Tokyo based Synqa raised a $120 million Series C round of funding led by Nussey and Reuters. The funds will go towards the expansion of Synqa’s services, product innovation and increased customer base, allowing local businesses to create an omnichannel experience for their customers.
