WhyQ

WhyQ is a Singapore-based startup that is making strides in digitalizing MSMEs in Southeast Asia. Their primary focus is on being a SaaS and food delivery platform, and they have already empowered over 20,000 merchants with tech and microfinancing in Singapore and Malaysia. They have gained significant traction with 400,000 end-consumers and 20,000 merchants. Notably, they are powering over 5,000 merchants in Singapore for prominent food delivery marketplaces like Foodpanda, Grab, Deliveroo, AirAsia, and Chope as well as collaborating with DBS PayLah, the payments app for Singapore’s largest bank. In Malaysia, they cater to 15,000+ merchants with their online storefront, bookkeeping, and microfinancing apps. The company has caught the attention of several significant investors and advisors, including Delivery Hero, the largest food delivery company globally, publicly listed and based in Germany, RB Investments VC, early investors in Swiggy and Sugar Cosmetics, Chope, Asia's largest restaurant reservation app backed by Ant Group, HH Investments VC, and Angel Central, Singapore's leading angel network. Founded in 2017, WhyQ operates in the E-Commerce and Food Delivery industries, with its headquarters in Singapore. The startup recently received a significant boost with a SGD1.40M Series A investment on 26 January 2023, with Kairos Capital Group as the investors, signifying a strong vote of confidence in the company's potential for growth and impact in the region.