# Incite Innovations: Retail, Kuala Lumpur, Malaysia

> Incite Innovations: Incite Innovations is a technology company based in Kuala Lumpur, Malaysia, focusing on tech-driven solutions for retail and food &...

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

Malaysia · [Retail startup](https://millionrounds.com/companies)

# Incite Innovations

Incite Innovations is a technology company based in Kuala Lumpur, Malaysia, focusing on tech-driven solutions for retail and food & beverage (F&B) businesses, particularly small an

Email

Funding reported Last round: Series A

Retail Kuala Lumpur, Malaysia

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Company summary

- **Founded:** 2020 6 years old
- **Team:** 9 1 to 10 people
- **Funding reported:** 2M as listed, currency not stated
- **Last round:** Series A Apr 2023

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 Incite Innovations 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 Incite Innovations

Incite Innovations is a technology company based in Kuala Lumpur, Malaysia, focusing on tech-driven solutions for retail and food & beverage (F&B) businesses, particularly small an

d medium-sized enterprises (SMEs). The company began as an SME in the F&B sector and has since expanded its offerings to include integrated technology and operational support, helping businesses streamline operations and enhance decision-making. Key products include Alevate Procure, a digital platform for supply sourcing that offers competitive credit options, and Alevate POS, a cloud-based point-of-sale system designed for efficient outlet management and sales reporting. Incite Innovations also operates its own F&B brands under its Lifestyle Ventures division, showcasing its commitment to both technology and venture operations. The company serves a diverse clientele, including SMEs, large enterprises, and multinational corporations, aiming to empower businesses through innovative technology and strategies.

## What company datasets say Incite Innovations raised

Funding, as reported

Reported in all **2M** in the source's currency

Rounds **2**

Last round **Series A**

Last round size **960k**

Last round date **Apr 2023**

## Founders and team

From Incite Innovations's own website: 1 founder, 1 on the team.

**Tham Lih Chung** Founder X Group CEO

- **Janet Loh** Chief Business Officer

Advisers *Dato’ Michael Tee*

## The company, in detail

What they build

Known for

management consulting retail growth solutions market entry strategies consumers data protection customer engagement distribution customer engagement tools enterprises brand awareness retail management software market volatility adaptation integrated software fintech solutions information technology & services logistics & supply chain

Built with from their website

Amazon SES Google Tag Manager WordPress.org Google Cloud Font Awesome Apache Elementor CloudFlare Viewport Meta Site Kit

+8 more

Hello Elementor Google Cloud Hosting CloudFlare CDN Priority Hints imagesLoaded Microsoft Exchange MySQL Microsoft 365 Apps & Services

- **Sector:** Retail
- **Industry code:** NAICS 513210, 541611, 522299, SIC 7375
- **Region:** Federal Territory of Kuala Lumpur

## Retail in Malaysia

Startups like it

- [**Esco Malaysia** Shah Alam · founded 1985](https://millionrounds.com/startup/esco-malaysia)
- [**RPG Commerce** Petaling Jaya · founded 2016](https://millionrounds.com/startup/rpg-commerce)
- [**Bake With Yen** Shah Alam · founded 1986](https://millionrounds.com/startup/bake-with-yen)
- [**Applecrumby** Petaling Jaya · founded 2012](https://millionrounds.com/startup/applecrumby)
- [**Klean The World** Petaling Jaya · founded 2016](https://millionrounds.com/startup/klean-the-world)
- [**Collektr** Sungai Buloh · founded 2022](https://millionrounds.com/startup/collektr)
- [**Happy Bunch** Petaling Jaya · founded 2014](https://millionrounds.com/startup/happy-bunch)
- [**Bloomthis** Petaling Jaya · founded 2015](https://millionrounds.com/startup/bloomthis)

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