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E-commerce Aggregator, Una Brands, raises USD40 million in Seed Round from heavy hitters to acquire and scale brands in APAC

SINGAPORE, May 6, 2021 /PRNewswire/ Singapore-based e-commerce startup, Una Brands, today announced that it has raised a USD40 million Seed Round of equity and debt financing, in one of the biggest seed funding rounds seen regionally. Una Brands will use the capital to buy and scale e-commerce brands based in APAC. Kiren Tanna, former CEO of Rocket.

SG e-commerce aggregator Una Brands raises $40m in 500 Startups-backed seed round

SG e-commerce aggregator Una Brands raises $40m in 500 Startups-backed seed round Una Brands Co-Founders (left-to-right) : Tobias Heusch, Kiren Tanna, and Kushal Patel. May 6, 2021 Una Brands, a Singapore-based startup co-founded by Kiren Tanna, the founder of Foodpanda and ZEN Rooms, announced raising $40 million in a seed round backed by global investors including 500 Startups, Kingsway Capital, 468 Capital, President Capital, and Global Founders Capital. The startup said it will use the fresh capital to acquire and scale e-commerce brands in the Asia-Pacific region, a market with more than 10 million third-party sellers. The focus will be on acquiring firms with strong independent branding that have annual revenue between $300,000 and $20 million.

Vestiaire Collective célébrée comme la onzième licorne française

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