Company is on track to return to profitability in FY2018.
The Singapore Government’s move to allocate US$30 million to four large corporates to be used for startup funding strikes Karamjit Singh as major recognition that digital is a mega trend that brick-and-mortar companies need to deal with.
Singapore’s National Research Foundation has awarded four local enterprises with VC funds worth a total of S$40mil from its Early Stage Venture Fund Scheme.
SGX-Catalist listed ICT solutions and services provider DeClout Ltd said it posted a 165% increase in revenue year-on-year to record S$121 million (US$86 million) for the first half of its 2015 fiscal year (H1 2015), which ended June 30.
SGX-Catalist listed DeClout Limited and US-based Procurri LLC, an IT maintenance services and asset recovery solutions provider, have agreed on a strategic collaboration.