Cheak Asset Profile

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Year established

2020

Location

Singapore

Primary Industry

Consumer Products

About

Based in Singapore, and founded in 2020, Butter. Pte. Ltd., doing business as Cheak, operates as an online marketplace that offers women’s apparel products. The company was founded by Olivia Yiong and Tiffany Chng. In October 2022, LoveBonito Singapore Pte. Ltd., a portfolio company of Kakaku.com, Ondine Capital, Openspace Ventures, and Primavera Capital, acquired Cheak Cheak sells a wide range of women’s clothing products, including women’s bras, women’s leggings, and women’s shorts. The company sells all its products in two different fabrics: BaseCore and BaseFlex. As of 2022, the company has 12 different styles of products. The company generated a revenue of SGD 500,000 in 2020. It also generates revenue by selling its clothing products at prices that vary from SGD 50 to SGD 79.

Current Investors

Adastria Co. Ltd., LoveBonito Singapore Pte. Ltd.

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Primary Industry

Consumer Products

Sub Industries

Clothing

Website

www.cheak.com

Verticals

E-commerce

Company Stage

Add-on

Total Amount Raised

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