aCommerce Closes US$10.7M Series A Funding

aCommerce, a Thailand-originated end-to-end e-commerce service provider for Southeast Asia, closed US$10.7m in Series A funding.

The round was led by Bangkok-based Inspire Ventures with participation from NTT Docomo, Sumitomo Corporation Equity Asia Limited, Sinar Mas Indonesia, Asia Pacific Digital, Cyberagent Ventures, JL Capital, strategic angel investors, and executive staff.

The company intends to use the funds to strengthen its e-commerce logistics infrastructure, expand its delivery fleet, develop its AMP technology platform, expand its channel management and PopShop products, ramp up its cross-border solutions such as customs clearance, FDA certification, and local business operating licenses for global brands and retailers to expedite their market entry into Southeast Asia.

Founded in June 2013 and led by CEO Paul Srivorakul, aCommerce is a regional e-commerce service provider delivering customized e-commerce solutions ( including platform design and development, order fulfillment and warehousing, delivery and logistics, customer service call centers, content production, transactional marketing, and channel management) for global brands such as L’Oreal (Maybelline, Kiehl’s), HP, LINE Chat, and Groupon among others. The company has four offices with fulfillment centers and employs over 250 staff across Thailand, Singapore, Indonesia and Philippines.

FinSMEs

10/06/2014

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