Oneteam raises $3.5m in seed funding round

The fund will mostly be allocated to acquire small businesses.

Singapore-based startup Oneteam raised $3.5m in a seed funding round led by Wavemaker Ventures.

The firm will use about 70% of the funds to acquire small and medium-sized enterprises, whilst the rest will go towards building a strong core team and infrastructure to support its portfolio.

Key services like finance, HR, talent recruitment, marketing, IT, and legal—often expensive for small businesses—will be offered centrally from the company’s headquarters

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