Venture capital firm Jungle Ventures, which is backed with Singapore government money, invested alongside Innov8.

ShopSpot, a Singapore-based mobile commerce company, has raised S$779,000 ($630,000) from a consortium including SingTel Innov8, the corporate venturing unit of Singapore’s main phone operator.

Venture capital firm Jungle Ventures, which is backed with Singapore government money, invested alongside Innov8 in ShopShot, which operates a Thailand-based subsidiary.

By email, Jeff Karras, head of Innov8, said: “ShopSpot is a Singapore incorporated holding company with operations in Thailand via a 100% owned subsidiary.”