Trade compliance platform DutyCast has secured investments from GTR Ventures, while Vin’s Holdings has made its debut on the SGX Catalist.
SG’s DutyCast bags investment from GTR Ventures
DutyCast, a Singapore-headquartered trade compliance platform, has announced an undisclosed sum from GTR Ventures and a group of logistics-focused angel investors.
Co-founder Tam Dang said the funding will help DutyCast in its next phase of international growth.
DutyCast, backed by VinaCapital Ventures, helps businesses comply with international trade regulations and tariffs, reducing compliance-related costs by up to 60% for small and medium-sized enterprises (SMEs) and customs agencies.
The startup said it has previously supported clients including McKinsey, PwC, and Singapore-based SATS.
Vin’s Holdings debuts on SGX Catalist
Singapore automotive solutions provider Vin’s Holdings Ltd debuted on the SGX Catalist board, joining more than 200 enterprises that are listed on the board.
Established in 1987, Vin’s Holdings provides integrated automotive solutions, including vehicle sales, financing, rental and leasing, as well as comprehensive after-sales services.
Vincent Khong, executive director and chairman at Vin’s Holdings, said the proceeds from the listing will finance the expansion of sales and service locations and support research and development to digitalise business operations.
