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 Sep 30, 2026, the latest employee count at Lapasar is 166.

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.

What is the annual revenue of Lapasar?

Annual revenue of Lapasar is between $50M and $100M as on Dec 31, 2024

Where does Lapasar rank among its competitors?

Lapasar ranks 2nd amongst 13 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 13 active competitors

Annual Revenue

$50M - $100M as on Dec 31, 2024

Employee Count

166 as on Sep 30, 2026

Similar Companies

IndiaMART & 880 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	Reports
Lapasar Sdn Bhd CIN: 201601027289 , Malaysia, Active	Aug 15, 2016	$50M - $100M (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	7639132	Series A	7509912	8616508	1418779	2953308
Feb 03, 2023	8913103	Series A	2636691	9920752	1418852	9477041
May 06, 2021	2892510	Series A	5896538	9011985	Shopper360	pitchIN

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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: Founder & Chief Revenue Officer of Lapasar.
Dannis Raj David: Chief Operations Officer & Co-Founder 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	2y 2m

View details of Lapasar's Founder profiles and Board Members

Lapasar's employee count trend

Lapasar has 166 employees as of Sep 26. Here is Lapasar's employee count trend over the years:

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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	-	Silver Lake, K2 Global & 47 others	80/100
2nd	Lapasar 2018, Klang (Malaysia), Series A	Platform for B2B procurement for SMEs and large enterprises	$8.82M	Kumpulan Wang Persaraan, SeedPlus & 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	SignSpot 2020, Lviv (Ukraine), Unfunded	Provider of a marketplace for sharing business leads and personnel	-	-	23/100
9th	iBusiness Brokers 2011, Kuala Lumpur (Malaysia), Funding Raised	Online local services business directory	-	Rocket Internet	22/100
10th	Trade42 Klang (Malaysia), Unfunded	Online B2B marketplace offering a wide range of products and services	-	-	16/100