Upside Shopping Receives Equity Financing

Upside Shopping GmbH, the Berlin, Germany-based operator of the auction and shopping platform, has received an undisclosed amount of equity capital.
Investors include Crédit Agricole Private Equity, eVenture Capital Partners and seed fund Rocket Internet., whose approach combines suspense and entertainment, auctions and sells new high-end electronics products.
This deal marks the first investment of the partnership between Crédit Agricole Private Equity and Rocket Internet aimed to establish and develop innovative web business models ideated in Germany.

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