Wikipedia
ShopBack is a Singaporean-headed e-commerce startup that utilises the cashback reward program. It allows online shoppers to take a portion of their cash back when they buy products through the service. They also provide discount coupons and voucher codes for online shopping. It is currently affiliated with over 300 merchants from all over the world, including online retail giants Taobao, Zalora, Lazada_Group, Rakuten, Groupon, EBay, Paytm, ShopClues, Jabong.com & Flipkart.
ShopBack currently has its working space at Blk71, under the tenure of NUS Enterprise. They are supported by NUS Enterprise in the form of infrastructure and resources under their incubation programme.
For its first round of seed funding, ShopBack raised over USD $500,000. The company has since experienced a fast growth from its inception in August 2014, averaging 10,000 orders in half a year. In March 2015, ShopBack received further investment funding of USD $600,000, bringing their total funding to USD $1.1 million.