Pomelo Adds Backers in Series B Round

Update 29/11/2017: the round total remains $19m (as previously announced). The company just announced the additional backing of Central Group and Start Today Ventures.

Pomelo, a Bangkok, Thailand-based fast fashion brand, announced additional backers received additional funding as part of its series B round.

Backers included Central Group and Start Today Ventures, which joined JD.com, Provident Capital Partners, and Lombard Private Equity.

The company intends to use the funds to continue to increase its product assortment, open innovative retail stores, and continue its expansion into additional markets in in Southeast Asia.

Launched in 2014 and led by David Jou, CEO, Pomelo is an international online fashion company which focuses on delivering on-trend style at affordable prices. It designs and produces its products in Asia.

FinSMEs

28/11/2017

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