iprice Raises US$4M in Series A Funding

ipriceiprice, a Kuala Lumpur, Malaysia-based e-commerce aggregator, raised US$4m in Series A funding.

The round was led by existing shareholders Asia Venture Group (AVG) and Venturra Capital as well as Gobi Partners, DMP, Econa and Starstrike Ventures.

The company intends to use the funds to launch new features and services.

Led by CEO David Chmelar, iprice is an e-commerce aggregator that allows retail partners in Singapore, Indonesia, Philippines, Hong Kong, Thailand and Vietnam to gain visibility, traffic, and increase sales.
Partners include Reebonz, Lazada, Zalora, Berrybenka, Qoo10, WearYouWant, among others.



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