ONLINE shipping platform Shipmates announced it has raised $2.2 million, or P125 million, in the first round of funding for their start-up application. This was participated in by Ventures, Wavemaker Partners, Taurus Ventures, Capital X, Sketchnote Partners and several other investors.
The company plans to use the funds to scale its platform to be the preferred shipping tool of online merchants in the Philippines and improve the country's shipping infrastructure by helping both online businesses, and transport and logistics companies.
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