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Bellugg said it is looking to tap into the US$1.2 billion tourism industry by offering tailored logistics services.
HashKey Capital is an affiliate of Hong Kong fintech company HashKey Group.
The store management software firm has received backing from Jungle Ventures and Traveloka.
8S Capital said it is making the offer with a view to delist the company from SGX-ST and exercise any rights of compulsory acquisition that may arise.
This puts the Series B round for the AI solutions provider targeting advertising, HR and influencer marketing at a total of US$24.1 million.
The insurance startup thus aims to make financial inclusion a reality in Southeast Asia.
The move will further increase its grip on Coway and allow it to resume control over the water and air purifier maker.
The capital proceeds will be used to fund the R&D for its knowledge graph technology.
Kalpha plans to use the proceeds to grow the business, expand the team, and market its product.
The capital proceeds will be used to further advance the adoption and impact of visual commerce for retailers and smartphone manufacturers.