The ride hailing and logistics service operator pulled in $15m through a series B round led by existing corporate investor Central.
Automotive component producer Central has led a $15m series B round for MVLLabs, the Singapore-based operator of blockchain-focused ride hailing service Tada, DealStreetAsia reported today.
Venture capital firm Trive Capital also participated in the round, which brought the company’s overall funding to a reported $28.4m.
Tada is an on-demand ride and delivery service spanning some 100,000 drivers and nearly 900,000 registered users across Singapore, Vietnam and Cambodia. It now plans to launch its own electric vehicle, the Onion T1, and…
