When was Lapasar founded?

Lapasar was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Lapasar located?

Lapasar is headquartered in Klang, Malaysia.

Who is the current CEO of Lapasar?

Thinesh Kumar Asogan of Lapasar. They have also founded 1 company.

Which legal entities is Lapasar associated with?

Lapasar is associated with Lapasar Sdn Bhd .

How many employees does Lapasar have?

As of May 31, 2026, the latest employee count at Lapasar is 167.

Is Lapasar a funded company?

Lapasar is a funded company, having raised a total of $8.82M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 11, 2019.

When was the latest funding round of Lapasar?

Lapasar's latest funding was a $***** Series A round on Feb 16, 2024, with participation from 2 investors.

Where does Lapasar rank among its competitors?

Lapasar ranks 2nd amongst 16 active competitors, of which 3 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Borong, which secured an undisclosed amount in May, 2024.

Who are the top competitors of Lapasar?

Lapasar's top competitors include Alibaba, Borong and Daganghalal. Among them, Borong secured the most recent funding round in May, 2024.

Lapasar - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Platform for B2B procurement for SMEs and large enterprises. It offers a comprehensive marketplace for office supplies, electronics, FMCG goods, and more. It digitizes the entire procurement process, from purchase requests to delivery, enhancing efficiency and reducing manual tasks.

Website: lapasar.com
Social
Email ID: *****@lapasar.com
Phone Number: +60 **********
Part Of

Key Metrics

Founded Year

2018

Location

Klang, Malaysia

Stage

Series A

Total Funding

$8.82M in 4 rounds

Latest Funding Round

Series A, Feb 16, 2024, $*****

Investors

Kumpulan Wang Persaraan & 6 more

Ranked

2^nd among 16 active competitors

Employee Count

167 as on May 31, 2026

Similar Companies

Faire & 798 more

View Lapasar's full profile

Lapasar is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Lapasar Sdn Bhd CIN: 201601027289 , Malaysia, Active	Aug 15, 2016	$97.6M (As on Dec 31, 2024)	-	-

Lapasar has raised a total funding of $8.82M over 4 rounds. Its first funding round was on Jul 11, 2019. Its latest funding round was a Series A round on Feb 16, 2024 for $*****. 2 investors participated in its latest round. Lapasar has 7 institutional investors.

Here is the list of recent funding rounds of Lapasar:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 16, 2024	4507383	Series A	2140071	4958337	9878991	9227020
Feb 03, 2023	3499172	Series A	4036484	8031589	1579064	6479538
May 06, 2021	8913757	Series A	2266397	9938364	Shopper360	pitchIN

Access funding benchmarks and valuations. Sign up today!

View details of Lapasar's funding rounds and investors

The founders of Lapasar are Thinesh Kumar Asogan, Lakshman Das Asogan and Dannis Raj David. Thinesh Kumar Asogan is the CEO of Lapasar.

Here are the details of Lapasar's key team members:

Thinesh Kumar Asogan: Co-Founder & CEO of Lapasar.
Contact Info: 1 email address
Lakshman Das Asogan: Co-Founder & CRO of Lapasar.
Dannis Raj David: Co-Founder & COO of Lapasar.

Lapasar's Board of Directors

Lapasar's board has 1 active member. Akhari Aya Maziz Bin Sanusi is independent board member.

Here is the list of Lapasar's board of directors:

Name	Type	Representing	Status	Duration
Akhari Aya Maziz Bin Sanusi	Independent board member	-	Current	1y 10m

View details of Lapasar's Founder profiles and Board Members

Lapasar's employee count trend

Lapasar has 167 employees as of May 26. Here is Lapasar's employee count trend over the years:

Uncover Lapasar's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Lapasar include Alibaba, Borong and Daganghalal. Here is the list of Top 10 competitors of Lapasar, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Alibaba 1999, United States, Public	Online marketplace connecting global buyers with manufacturers, suppliers, and exporters	-	Aeon Group, Kaplan Group Investments & 46 others	80/100
2nd	Lapasar 2018, Klang (Malaysia), Series A	Platform for B2B procurement for SMEs and large enterprises	$8.82M	Gobi Partners, Kumpulan Wang Persaraan & 5 others	52/100
3rd	Borong 2016, Shah Alam (Malaysia), Series A	Online B2B marketplace offering a wide range of products	$4.71M	Vynn Capital, Y Combinator & 13 others	49/100
4th	Daganghalal 2008, Kuala Lumpur (Malaysia), Seed	Online e-distributor offering multi-category products	$830K	-	30/100
5th	Good 2 Trade 2019, Shah Alam (Malaysia), Unfunded	Online B2B marketplace offering multi-category products	-	-	24/100
6th	Solaris Trade 2020, Kuala Lumpur (Malaysia), Unfunded	E-distributor offering multi-category products	-	-	24/100
7th	Malaysia Trade Mart 2016, Kuala Lumpur (Malaysia), Unfunded	Online B2B marketplace offering multi-category products	-	-	24/100
8th	iBusiness Brokers 2011, Kuala Lumpur (Malaysia), Funding Raised	Online local services business directory	-	Rocket Internet	22/100
9th	MallDash 2017, Malaysia, Unfunded	Provider of digital tools for searching retail store directory information	-	-	20/100
10th	MyBazar 2015, Kuala Lumpur (Malaysia), Unfunded	Online B2B marketplace offering multi-category products	-	-	19/100