Singapore’s on-demand mobile device repairing startup, Fynd, has just recently raised US$385,000 in a funding round. Far East Ventures led this round of funding and supported by Koh Boon Hwee (industry veteran).
Far East Ventures is the venture capital arm of Far East Organisation. It is one of the largest private property developers in Singapore. This funding of $385,000 will enable the Fynd to accelerate their scaling around Southeast Asia region.
The company has already expanded their operations to Hong Kong. Currently, their plans are to expand their operations to Jakarta by the end of the year.
The mobile repair platform allows people to get a repair person for their computer, tablet or phone at their preferred location. It could be their home, workplace or any other place. They promise to fix the iPhone within 30 minutes while Samsung phones and iPad within an hour. They provide comfort to their customers as they don’t have to go to market to repair their devices.
Message of the Fynd’s CEO
Founder and CEO of Fynd, Albert Tirtohadi, said that the first phase of Fynd was all about getting the proposition value and processes right for both their iSpecialists (The experienced repairers who deliver the services of Fynd on the front line) and customers. This thing is now working very well on operational level.
He further added that their new challenge for next phase is to go forward and to scale as fast as they can and also making sure they stay faithful to the trust and responsibility which lies at the heart of what they do. Mr. Koh Boon Hwee and the Far East Ventures both have got the huge experience of the industry. The networks across the region will be invaluable for Fynd as it grows.
Albert Tirtohadi founded the company in 2014. They progressed from Joyful Frog Digital Innovation (JFDI) accelerate program in December 2015.
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