Ecommerce is a tidal wave that’s supposedly responsible for the current retail doldrum and empty shopping malls. Singapore-headquartered startup CarPal, however, wants to help businesses large and small tap the rise of online shopping – and perhaps stand up to the likes of Amazon and Alibaba.
The startup has announced raising a US$2.75 million round led by undisclosed private equity investors. Existing backer RB Investments has doubled down.
CarPal has two products. One, it offers small businesses the ability to deliver packages to their customers. These businesses can book a delivery either through…