SingleInterface Secures $30M for Business Online Expansion Efforts
![SingleInterface Secures $30M for Business Online Expansion Efforts](/content/images/size/w1200/2024/04/4c0769c2-7585-4a0d-aba1-1fc5fd040c91.png)
Singapore-based startup Single Interface has secured $30 million in its first round of external funding. The investment was led by Asia Partners and PayPal Ventures and will be directed towards the company's international expansion and the enhancement of its products for broader global market appeal. Specializing in SaaS solutions, Single Interface assists offline businesses in growing their revenue through online engagement tools, optimizing search engine visibility, managing digital feedback, and employing artificial intelligence to digitize retail outlets en masse.
The company currently serves over 400 multi-location brands, including notable clients like KFC, Pizza Hut, Nissan, HDFC Bank, and TVS Motors, across India, Southeast Asia, and the Middle East. Single Interface's technology platform enables these businesses to create detailed, store-level websites and interact with customers through various digital channels. With the fresh capital, Single Interface plans to strengthen its presence in Asia, venture into new markets such as Japan, Korea, and Australia, and refine its portfolio of hyperlocal and customer engagement products. The company's solutions have been instrumental in contributing to clients' revenue growth, with some accounts attributing 15-20% of their revenues to Single Interface's platform.