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Skype co-founder hops onto Singapore’s HipVan, joins as latest angel investor

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Singapore-based startup, HipVan today announced that Skype co-founder Toivo Annus has become one of its investors. The amount invested is undisclosed.

Besides Annus, HipVan’s investors include Singapore celebrity Jade Seah, tech entrepreneur Darius Cheung, and Singapore investment firm Silicon Straits.

“Toivo has a strong investment record in Singapore, and is committed to helping HipVan scale our business as we continue to grow. We are extremely excited to have him come on board the team!” said Danny, CEO and co-founder of HipVan.

Over the years, Annus has invested in quite a number of startups in Singapore, including Anafore, Redmart, Coda Payments and Milaap.

HipVan first launched in Singapore on April 2013. It then expanded to Malaysia just about three month after its launch. HipVan says that monthly revenue is growing rapidly but declined to reveal exact figures.

(Editing by Terence Lee)


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