Mvllabs Pte Ltd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The ONiON T1
April 9, 2021
MVLLABS Pte Ltd, the company behind the zero-commission, blockchain-based ride-hailing service TADA, has raised $15 million in a Series B round led by the South Korean automotive parts manufacturer CENTRAL, an existing investor.
The round also saw participation from Singapore-based TRIVE Ventures.
In 2018, MVLLABS launched TADA in Singapore. Subsequently, the company expanded to Vietnam and Cambodia and now has an estimated 100,000 drivers and 890,000 users across the three markets.
With the new round, MVLLABS’s total funding stands at nearly $25 million. The company last raised an extended Series A round in May 2020, led by Shinhan Bank, one of South Korea’s largest commercial lenders by assets. ....

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