The company intends to use the funds to expand in additional countries in the upcoming months, scale operations and continue to enhance the service.
Co-founded in 2012 by Christian Schiller and Louis Iskandar, PricePanda allows shoppers to find and compare the price-quality ratio of thousands of products and services from more than 100 categories, such as computers, software, health and beauty, home appliances, gaming, music & movies, etc. from various merchants including – among others – Expansys, SENHENG, Lazada and Makanja.
The service, which is also available for all iOS and Android devices, is currently available in Mexico, Malaysia, Philippines, Indonesia and Singapore.
The company is also backed by Investment AB Kinnevik and Berlin-based Rocket Internet.