fbpx
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Marketplaces & E-commerce
    • Ecosystem
    • Robotics
    • Investments
    • EdTech
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • REGISTER
  • login
No Result
View All Result
No Result
View All Result
Home E-commerce

DTC platform RPG Commerce raises $29 million

Team AsiaTechDaily by Team AsiaTechDaily
23 June 2022
in E-commerce, Featured
0
RPG Commerce
9
SHARES
Share on FacebookShare on Twitter
Bookmark(0)

Please login to bookmark

No account yet? Register

East Ventures, UOB Venture Management, Vertex Ventures SE Asia & India (VVSEAI), and RHL Ventures led the $29 million Series B fundraising round for RPG Commerce, Southeast Asia’s leading Direct-To-Consumer (DTC) social e-commerce platform.

The money raised will go toward future-proofing RPG’s technology and development processes, as well as building and extending the company’s world-class brand portfolio to produce new consumer products, the company said.

Thousand Miles, Bottoms Lab, Montigo, Cosmic Cookware, and other fashion and homeware brands are among RPG’s 10+ in-house worldwide brands.

RPG Commerce’s multi-brand business strategy owns the development, production, and delivery processes from start to finish, allowing it to build, operate, and optimize a worldwide successful suite of DTC brands. RPG is powered by cutting-edge back-end technology and a leading team of creative geniuses and has seen a 300 percent increase in its brand portfolio and customer base in the last year.

Melvin Chee, Co-Founder, and CEO of RPG Commerce said this round of funding would give them an opportunity to expand their talent pool across the entire organization and enhance their technological capabilities in addition to expanding their suite of brands to further disrupt the consumer landscape.

RPG’s “shared backend infrastructure,” which has evolved beyond its primary DTC business model, allows other businesses and brands to access RPG’s technology architecture through partnerships. RPG is committed to assisting independent businesses with in-demand products and solutions, and it plans to empower smaller businesses through incubation programs and acquisitions to broaden its variety of consumer-centric products across many verticals.

Wilson Cuaca, Co-Founder and Managing Partner of East Ventures, said RPG takes a multi-category, multi-brand approach while retaining the roll-up model as an option, making them a unique and successful player in the e-commerce landscape.

“It is critical for DTC businesses to build traction internationally to ensure success, and RPG stands out as a company that has been able to grow a loyal customer base across the US, Canada, and Europe by building consumer trust through quality products and supply chain innovation,” Cuaca added.

He also said they are excited “to support RPG on the next leg of their growth and are looking forward to watching the brand expand their portfolio and grow in new markets across Southeast Asia.”

What are your thoughts?
+1
0
Upvote
+1
0
Clap
+1
0
Clap
+1
0
On fire
+1
0
Meh
+1
0
Clap
+1
0
Previous Post

BigPay introduces Cash Pickup services in Indonesia, PH

Next Post

Singapore’s ShopBack secures $80m in recent funding round

Related Posts

Juragan Material
Featured

Juragan Material raises $4M funding from Go-Ventures

July 5, 2022
PINA
Featured

Indonesia’s PINA secures $3m in fresh capital from AC Ventures, others

July 5, 2022
Intrepid
E-commerce

Ascential acquires Singapore’s e-commerce solutions firm Intrepid

July 4, 2022
Mapan
Featured

Indonesian fintech Mapan raises $15m Series funding

July 1, 2022
GetVantage
Featured

GetVantage secures $36m from Chirate Ventures, Dream Incubator Japan

July 1, 2022
OnPoint
E-commerce

Vietnamese e-commerce enablaer OnPoint secures $50m in funding

July 1, 2022
Next Post
ShopBack

Singapore's ShopBack secures $80m in recent funding round

Discussion about this post

No Result
View All Result

Follow Us

FREE NEWSLETTER




Copyright © 2021 AsiaTechDaily.com| About Us | Seed acceleratorTerms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Ecosystem
    • Marketplaces & E-commerce
    • Robotics
    • Investments
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • Forums
  • Jobs
  • REGISTER
  • Login

Copyright © 2021 AsiaTechDaily.com| About Us | Seed acceleratorTerms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo