iPrice Group Raises New Funding

iPrice Group, a Kuala Lumpur-based product discovery and price comparison platform, raised a new round of funding.

The round was led by LINE Ventures, with participation from Cento Ventures and Venturra.

The company will use the funds to continue to expand operations and its business reach.

Led by David Chmelař, CEO, iPrice Group is product discovery and price comparison platform, connecting consumers with hundreds of ecommerce merchants through the best possible shopping experience. Launched in October 2014, the platform has grown across seven markets: Malaysia, Indonesia, Singapore, Vietnam, Thailand, Philippines, and Hong Kong.

Since the last funding, more than 50 million online shoppers visited iPrice, which expanded in the same period its product catalogue from few dozens of millions to over 500 million SKUs across the above markets.



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