News Snapshot:
[Asia Pacific] [Breaking News] To acquire new e-commerce brands in Asia, Rainforest secures US $20 M in pre-Series A round Rainforest, a Singapore-based e-commerce brand aggregator, has raised a pre-Series A round of $20 million headed by Monk’s Hill Ventures. January Capital, Crossbeam Venture Partners, Amasia, and Lo & Behold Group are among the other investors in the round. Insignia Ventures and Nordstar, two previous funders, have also joined. Rainforest will utilize the funds to double down on its growth plan by acquiring more e-commerce businesses in the Asia Pacific, including China, Southeast Asia, and Australia, according to co-founder and...
