Chope, the Singapore-based online reservation portal for restaurants, has raised $2.5 million in Series B funding led by Singapore Press Holdings (SPH).
SPH, a local publishing house, has invested $1.45 million for about 28% stake in Chope, valuing the company at $5.2 million. TechInAsia reported that there are two other prominent investors in this deal.
In 2012, Chope raised series A funding of $1.1 million and being founded a year earlier by Arrif Ziaudeen and Clowie Tan in Singapore. It expanded to Hong Kong in mid-2012.
Read full story at: http://www.tnooz.com/Online-restaurant-reservation-portal-Chope-attracts-usd-2.5-million-in-series-B
