Malaysian-based, Wilstech, an IT business solutions company has secured funding in seed funding via a round led by The SEA Capital in the first half of 2021.
Wilstech is an award-winning IT Solutions provider with more than 20 years’ combined IT experience and whose core focus is IT consultation and development of customized web and mobile applications for start-ups up to large corporations. They focuses on providing affordable and efficient IT business solutions especially web and e-commerce to individuals, SMEs and large corporations in Malaysia and Asian countries.
As for the Wilstech team, the capital raised from the investment round will be used to enhance their platform development and operation in order to provide a wider range of services to the clients. The capital will also be used for new clients’ acquisition purposes as well.
The SEA Capital managing director, Derrick Hooi, says in time of economic uncertainty with dynamic changes in the business trend like now, the SMEs will be needing more comprehensive and all-in-one solutions to survive. Therefore, The SEA Capital is confident that an experienced IT company such as Wilstech will be able to serve these SMEs’ need for their business transition and transformation.About
The SEA Capital: The SEA Capital’s business scope in equity capital also included private equity, pre-IPO equity investment and public listing. At the same time, leveraging SEA Capital’s deep industry knowledge, the high-quality projects discovered by SEA Capital have won the trust and investment of many equity investors.The SEA Capital investment team is comprised of experienced industry experts, who have demonstrated an ability to achieve substantial growth.
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