Here's Dropee! This YC-backed Malaysian startup helps SMEs connect to thousands of suppliers in real-time, bulk-buy inventory and get access to financial services to grow their business.

• It has expanded to Malaysia, Singapore and Indonesia.
• It supports over 80,000 SMEs like cafes, restaurants, convenience stores and even hotels.
• Its marketplace has hit over $100M in annualized transaction value.

On the money. It just raised a $7M Series A, led by Vynn Capital. HCL Capital, Resolution Ventures, LKF Capital and Brama One Ventures cashed in.

• It was $3M in equity and $4M in debt.

🛒  How it works

Marketplace. It has an e-commerce platform where SMEs can order wholesale for their inventory. In a rush? Reach out to your assigned sales agent for faster orders.

• Stop guessing what to order! Its AI-based catalog means each customer sees a curated selection of items and campaigns based on their best-selling items and business needs.
• It automates everything from payment collection to order management. Plus, manage your inventory too.

Financing. Order now, pay later. Money can be tight for SMEs, especially in a pandemic. With Dropee Credit, pay up to 60 days after an order on Dropee for 0% interest.

• Dropee uses data from its platform like each SME's transaction data to assess creditworthiness and loan terms.

✈️  What's next?

It'll be working with more brands, banks and wholesalers in SEA and extending credit terms for Dropee Credit. Oh, and it's also doubling down on its Indonesia expansion. 🇮🇩