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eleos.com

Stage

Corporate Minority | Alive

Total Raised

$2.2M

Last Raised

$2.2M | 6 yrs ago

About Eleos Web

Eleos Web operates Octopus, a new generation omni-channel retail solution, which provides a holistic experience to businesses. The company provides a robust and scalable suite of retail management system which understands a business with future growth in mind. Eleos provides a user-friendly interface that is packed with sophisticated features which gives control and management.

Eleos Web Headquarter Location

19 Kim Keat Road

328804,

Singapore

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Expert Collections containing Eleos Web

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Eleos Web is included in 2 Expert Collections, including Restaurant Tech.

R

Restaurant Tech

975 items

Hardware and software for restaurant management, bookings, staffing, mobile restaurant payments, inventory management, cloud kitchens, and more. On-demand food delivery services are excluded from this collection.

S

Store management tech (In-store retail tech)

1,484 items

Startups aiming to work with retailers to improve brick-and-mortar retail store operations.

Latest Eleos Web News

Singapore: M1 makes $2m investment in mPOS service provider Eleos

Aug 4, 2016

shiwen@dealstreetasia.com August 4, 2016: &nbsp M1 Limited has announced on Tuesday that its wholly owned subsidiary M1 TeliNet has entered into a S$3 million ($2.2 million) investment agreement with Eleos Web and Octopus Retail Management (ORM), and their shareholders. Both companies are based in Singapore. Eleos is an established provider of mPOS (mobile point-of-sale) solutions to retailers and food and beverages (F&B) outlets. Its Octopus Retail Solution uses smart devices to manage customer orders, payments, inventory and for reporting. The terms of the investment agreement, which are subject to the satisfaction of completion conditions by Eleos, ORM and its shareholders sees M1 TeliNet acquiring 3 million new ordinary shares to be issued by ORM. M1 TeliNet will own 30 per cent of the share capital of ORM, post-acquisition. According to a filing the acquisition was arrived at following arms’ length negotiations and taking into account ORM’s assets, intellectual property, financial position and business prospects. This acquisition will be funded internally by cash, and is not expected to have a material effect on the net assets or earnings per share of the M1 Group for the financial year ending December 2016. Also Read: 

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Eleos Web Rank

  • What is Eleos Web's latest funding round?

    Eleos Web's latest funding round is Corporate Minority.

  • How much did Eleos Web raise?

    Eleos Web raised a total of $2.2M.

  • Who are the investors of Eleos Web?

    Investors of Eleos Web include M1 Limited.

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