Deemples, a Malaysia-based platform designed for golfers, has secured USD 2 million in funding from V Ventures, a venture capital firm based in Singapore.
Deemples facilitates easy coordination of golf games, ranging from casual rounds to organized tournaments. The company reports that it has seen a twofold increase in its active golfer base in Malaysia since its previous fundraising round.
The newly acquired funds will be utilized to broaden Deemples’ reach across Southeast Asia and venture into new markets. This investment aims to support the development of a scalable, high-quality product with a strong emphasis on innovation and achieving product-market fit, ultimately fostering growth in previously untapped regions.