Singapore’s Appboxo just raised a $7M Series A to help turn any app into a super app. (You know, the same “super app” ambition that companies like AirAsia have to become like Grab or WeChat.)
Who cashed in? RTP Global led the round. 500 Southeast Asia, Antler, SciFi VC, Gradient Ventures (Google’s AI fund), and angels Huey Lin and Kayvon Deldar joined in.
📱 Go mini or go home
A mini-app is a lightweight version of an app within another app. For example, on WeChat you can access other apps even if they’re not downloaded on your phone. So, why are they good?
For you and I. Forget having way too many apps to scroll through and wasting precious phone storage! Super apps let you access multiple services in one app.
For super apps. They get more engaged users, user data and even $$$ through ads and transactions. They’ll be the go-to app!
For mini-apps. Being a mini-app on another app gives you additional users and revenue.
🤷🏻♀️ Not everyone’s WeChat and Grab
They have tons of resources to help them become super apps. Appboxo’s changing that.
Build a mini-app. It has a developer ecosystem with tools to simplify building mini-apps.
Be a super app. Its marketplace has tons of mini-apps you can integrate into your platform. You’ll save time on app development and be able to skip the legal and partnership discussions.
😎 Going further
Last year, it launched Shopboxo. It lets anyone build a fast, mobile-first and beautiful website for their store in minutes.
Seems strange? These stores are part of the super app play. They can be integrated as mini-apps within super apps using Appboxo.
💰 What’s with the $$$?
It’s looking to develop Shopboxo, expand its merchant ecosystem and expand internationally— starting with Asia-Pacific.
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