# Fairmart: Information technology & services, Singapore, Singapore

> Fairmart: Fairmart is a Singapore-based retail technology company founded in 2020. Based in Singapore, Singapore. Founded 2020.

Source: https://millionrounds.com/startup/fairmart (Millionrounds; every figure on the page links to its filing or article)

Singapore · [Information technology & services startup](https://millionrounds.com/companies)

# Fairmart

Fairmart is a Singapore-based retail technology company founded in 2020.

Funding reported Last round: Seed

Information technology & services Singapore, Singapore

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Company summary

- **Founded:** 2020 6 years old
- **Team:** 25 11 to 50 people
- **Funding reported:** 1.5M as listed, currency not stated
- **Last round:** Seed Dec 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Fairmart has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Fairmart

Fairmart is a Singapore-based retail technology company founded in 2020.

It offers an automated multi-channel e-commerce solution designed for small-to-medium enterprises and retailers. The company aims to help local businesses digitize their operations, simplify store management, and enhance product visibility to nearby shoppers, thereby accelerating local commerce. Fairmart's platform provides e-commerce and point-of-sale software that allows retailers to list products online, manage orders, and synchronize inventory and pricing from a single interface. The system utilizes AI, IoT, and SEO to automatically identify and publish products across various marketplaces and search channels, including Shopee, Lazada, Google, and Facebook. Additionally, it supports pre-orders from physical stores, facilitating in-store transactions while maintaining an online presence. Fairmart serves customers in Singapore, Hong Kong, and New Zealand, supporting around 40,000 users and focusing on reducing the operational complexity of running local stores.

## What company datasets say Fairmart raised

Funding, as reported

Reported in all **1.5M** in the source's currency

Rounds **2**

Last round **Seed**

Last round size **1.5M**

Last round date **Dec 2021**

Investors listed **6**

## Founders and team

From Fairmart's own website: 2 founders, 3 on the team.

**Jan Gasparic** Co-founder & CEO

**Daniil Moskovtsov** Co-founder & CTO

- **Alexandr Shevelev** Customer Success Manager
- **Amr Shalaby** Customer Success Associate
- **Vishal Francis** Business Development Manager

## On a portfolio page

Investors who name them

- [Quest Ventures](https://millionrounds.com/fund/quest-ventures)

Each firm lists Fairmart on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

consumers inventory management information technology & services ecommerce operational efficiency saas services technology e-commerce internet digital transformation consumer internet computer software b2b information & internet pos

Built with from their website

Google Tag Manager Amazon CloudFront Chatbase Salesforce CRM Analytics Google Workspace CloudFlare Viewport Meta Hubspot Cloudflare WAF Facebook SDK

+8 more

Amazon S3 Webflow Hosting Google Meet CloudFlare CDN Google Font API Mobile Friendly WhatsApp Open Graph

- **Sector:** Information technology & services
- **Industry code:** NAICS 513210, SIC 7372
- **Revenue:** 2M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/fairmart)

## Information technology & services in Singapore

Startups like it

- [**Lazada** Singapore · founded 2012 *Raised*](https://millionrounds.com/company/lazada)
- [**PixVerse** Singapore · founded 2023 *Raised*](https://millionrounds.com/company/pixverse)
- [**BIGO** Singapore · founded 2014 *Raised*](https://millionrounds.com/company/bigo)
- [**Carro** Singapore · founded 2015 *Raised*](https://millionrounds.com/company/carro)
- [**Video Rebirth** Singapore · founded 2025 *Raised*](https://millionrounds.com/company/video-rebirth)
- [**Patsnap** Singapore · founded 2007 *Raised*](https://millionrounds.com/company/patsnap)
- [**Ropedia** Singapore *Raised*](https://millionrounds.com/company/ropedia)
- [**Sign** Singapore · founded 2020 *Raised*](https://millionrounds.com/company/sign)

## Is this your company?

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