SMU alumnus Lai Chang Wan was still studying at the University when he set up his first startup company, Marcella, which specialises in made-to-measure menswear. He decided to set up Singapore-based last-mile logistics player Ninja Van in 2014 along with two other co-founders, Tan Bo Xian and Shaun Chong, after he realised that Singapore’s logistics services was not optimised for e-commerce. With its latest funding round, it took the company’s total funding to US$400 million, which some say could put it on course to become one of Southeast Asia’s next US$1 billion unicorn.
Vulcan Post (Sep 11)
Vulcan Post (Sep 11)