Singapore startup Trax close to raising $100m at pre-money valuation of $1.1b

Trax co-founder and CEO Joel Bar-El speaks at the Asia PE-VC Summit 2018 organised by DealStreetAsia.

Trax, a Singapore-based startup serving the retail industry, is finalizing a deal to raise $100 million at a pre-money valuation of about $1.1 billion, a price tag that could make it the second most valuable startup in the city-state.

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