SG Digest: Trax raises $40m Series C, Vanitee acquires Mefitted, Smartkarma secures $4.7m

Cityscape of Singapore. Credit:Flickr/Michaela Loheit

Israel-Singapore based startup Trax has secured $40 million in Series C round. Smartkarma, insight investment research provider, closed $4.7 million in its second strategic funding round. Beauty online booking site Vanitee acquired beauty salon e-directory Mefitted in May.

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