Daily briefing: 6 new Thomson-East Coast Line stations; BTO flat buyers worry about long waits

And a homegrown SAAS platform for the F&B industry raises $6.5m in seed funding.

From CNA

Six new stations at the Thomson-East Coast Line are set to open tomorrow, with trains arriving every five minutes.

The new stations are Springleaf, Lentor, Mayflower, Bright Hill, Upper Thomson, and Caldecott.

The Thomson-East Coast Line now spans 13 km and nine stations.

Read more here.

from CNA

Recent contractor pull-outs have new BTO flat buyers worried.

The construction sector has been heavily hit with a manpower shortage since the pandemic started, leading to difficulties in project completion and cash flow.

The HDB is working with affected flat buyers.

Read more here.

From DealStreetAsia

A homegrown Software as a Service platform for the food and beverage industry called Momos has recently raised $6.5m in a seed funding round co-led by Sequoia Capital India and Alpha Wave Incubation.

Founded in 2020 by foodtech professionals who have previously worked in other big name tech companies, Momos provides a marketing, review and analytics platform for F&B players.

The funding will help in its expansion plans, deliver value to its restaurant partners, and build its platform.

Read more here.