The investors were GS Shop and Belt Road Capital Management. GS Shop is a large Korea-based retail company that got its start as a television home shopping company, while Belt Road Capital Management is a Cambodia-based private equity firm focussed on the Mekong region.
The latest round comes about a year after Leflair raised USD 3 million in Series A and it brings the startup’s total gain to USD 12 million. The company claims to have grown by 100% year-on-year since 2015.
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