Fairmart logo — Fairmart drives sales for SMB retailers by making their prod...

Fairmart

Fairmart drives sales for SMB retailers by making their products searchable by customers in their neighbourhood.

Founded 2020 Singapore Singapore 25 employees Seed Total: $1.50M E-Commerce, IoT +1

General Information

Company Name Fairmart
Founded Year 2020
Location Singapore Singapore
Employees 25
Industries E-Commerce, IoT, Retail
Funding Stage Seed
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Tiered Pricing, Transaction Fee
Social

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About Fairmart

Fairmart is a Singapore-based E-Commerce startup founded in 2020 with a clear mission encapsulated in its slogan - "Fairmart drives sales for SMB retailers by making their products searchable by customers in their neighbourhood." The company leverages a combination of IoT and SEO to drive in-store transactions, thus aiding small and medium-sized businesses in boosting sales. In December 2021, Fairmart secured a notable $1.50M investment in a Seed Round from a consortium of renowned investors including Hustle Fund, SOSV, Entrepreneur First, HAX, Quest Ventures, and Vectr. This injection of capital is poised to fuel the company's expansion and further its innovative approach in revolutionizing retail for SMBs. With an ingenious mix of technology, Fairmart is well-positioned to effectively cater to the evolving needs of the retail sector and carve a niche for itself in the competitive E-Commerce landscape.

Business keywords: Digital Transformation, Omnichannel, Inventory Management, Retail Technology, Local Search, Small Business, Singapore, Minimarts, Grocery Stores, Specialty Stores

Services & Products

Automated Product Listing
Order and Stock Synchronization
Point of Sale Systems
Payment Processing

Target Customers

Small Retail Businesses E-Commerce Stores Marketplace Sellers Online Retailers

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $1.50M 6
Hustle Fund, SOSV +4
01 Dec 2021
Pre Seed Round Undisclosed 3
SOSV, Entrepreneur First +1
22 Dec 2020

Fairmart Alternatives & Competitors

View All Alternatives
Fairmart vs
XStak Inc.
XStak Inc. United States

The Omnichannel Operating System for Enterprise Retailers

Seed
36 employees
E-Commerce, Information Technology
Fairmart vs

The POS and payments platform powering the businesses at the heart of our communities.

IPO
3565 employees
Cloud Infrastructure, E-Commerce
Fairmart vs
Veeqo
Veeqo United Kingdom

Seamless integration with Amazon, Ebay, Shopify, Etsy plus much more for multichannel sellers.

Acquired
71 employees
E-Commerce, Retail

FAQ About Fairmart

Fairmart drives sales for SMB retailers by making their products searchable by customers in their neighbourhood.
Fairmart was founded in 2020.
Fairmart is headquartered in Singapore.
Fairmart operates in E-Commerce, IoT and Retail. Its work centres on Digital Transformation, Omnichannel, Inventory Management and Retail Technology. Its customers include Small Retail Businesses, E-Commerce Stores and Marketplace Sellers.
Fairmart has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Tiered Pricing and Transaction Fee.
Fairmart has approximately 25 employees.
Fairmart has completed 2 funding rounds, raising a total of $1.50M. The latest funding stage is Seed.
Fairmart offers: Automated Product Listing, Order and Stock Synchronization, Point of Sale Systems, Payment Processing.
Top alternatives and competitors to Fairmart include XStak Inc., Lightspeed Commerce, Veeqo, Retail Unity B.V., OGOship. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Fairmart and XStak Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Fairmart, https://bouncewatch.com/company/fairmart, updated 29 September 2026. When citing, please name BounceWatch and link this page.

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