Portfolio news

IVITECH has secured $200.000 in pre-seed funding from GPS Ventures GmbH in Berlin.

Investment comes just three months after IVITECH's successful launch in Indonesia. The funds will be used to enhance customer experience, improve services, and develop the IT team.

IVITECH is a SaaS FinTech startup that operates on a subscription model. The startup provides electric bikes to ride-hailing drivers, promoting safety, reducing air pollution, and helping drivers to enhances their income.

Stay tuned for more updates on IVITECH's expansion plans across Asia.

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