Mobile app ShopSpot will raise an undisclosed amount in funding from SingTel Innov8, Singapore Telecommunication’s venture capital investment arm. SingTel Innov8 CEO Edgar Hardless said that the investor has offered the Thai startup term sheet. ShopSpot enables buying and selling products on mobile phones. The company had earlier raised an undisclosed amount as part of its angel round from a group of angels and business entrepreneurs in Thailand, led by Kris Nalamlieng, founder and managing director of 2:Spot Communications. (Source: e27).