Shoppable Business, a B2B e-commerce marketplace in the Philippines, has raised $1.15m in a pre-seed funding round co-led by Foxmont Capital Partners and Seedstars International Ventures, along with angel investors. The platform offers a digital procurement process for businesses that want to procure goods quickly and more cheaply. It also operates as a horizontal B2B marketplace for products and services from multiple categories, and offers marketing, sales support, procurement outsourcing, logistics, financing and payment infrastructure services. The funding will be used to expand into new Southeast Asian markets by the first half of 2024.

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