Malaysian Startup WorqApp Raises USD 1M in Seed Round
By: Asia Business Outlook Team
WorqApp is a unique all-in-one platform built for eflocLive enterprise execution. It is owned and developed by Nib Technologies Sdn. Bhd (NibTech) — a Malaysian born startup on a mission to make Enterprise Execution effective. Established in 2018 by co-founders Teh Chen Hoe, Jonas Lind and Hassan Mehmood, the company has recently closed a Pre seed Round of USD 1 m with Malaysian and foreign investors teaming together.
Jonas Lind, Managing Director of Megadeals Invest and Chairman of WorqApp says Interacting in today's world is easier than ever yet the gap between strategy and execution is widening. This gap is especially prevalent in large companies and in fast growing startups. Companies that manage to close this gap will see a tremendous impact on financial performance_"
Despite the challenging COVID pandemic period, the company has made constant progress since its establishment. Hassan Mehmood, Co-Founder and CEO of WorqApp shares his experience from building the platform over 3 years 'One of the key success factors for WorqApp is the 'all-in-one' approach. You can think of super app like Grab or Wechat for social matters or aspects related to lifestyle but there is none for Effective Execution at the workplace. WorqApp's approach reduces the cost for our customers and makes it possible for leaders to use one digital platform for effective execution."
Talking about expansion plans, Hassan is very optimistic and revealed that In less than one month since the soft launch, we have already customers from Malaysia, Middle East and Europe. WorqApp is a very customer-centric product and we have a goal to help more than 1000 organisations with Effective Execution within the next 3 years."