The Una Brands leadership team
Una Brands, a multi-channel e-commerce aggregator headquartered in Singapore, has announced an additional US$30 million pre-Series C funding round led by Northstar Group.
This follows the company’s US$30 million Series B round led by White Star Capital and Alpha JWC Ventures in September 2022, and brings the total raise over the past year to US$60 million.
With this fundraise, the company plans to develop its multi-channel platform further and invest in strengthening supply chain and distribution networks in key operating markets.
Una Brands will also use the proceeds to continue acquiring high-quality e-commerce brands within the home & living, mom & baby, and beauty & personal care categories. In line with the consolidation trends in developed markets, the firm will also explore strategic opportunities to bolster its growth and solidify its position as the leading multi-channel e-commerce aggregator in APAC.
Also Read: Una Brands acquires ergonomic furniture brands ErgoTune and EverDesk+ for 8-figure USD
Founded in 2021, Una Brands is a multi-channel e-commerce aggregator. Its flagship brands, ErgoTune and EverDesk, are now in multiple countries across the APAC region and beyond.
Co-Founder and CEO Kiren Tanna said: “We believe their deep knowledge of the Southeast Asian markets and strong e-commerce experience will be very valuable to Una Brands as we look to double down our operations across the region.”
In 2022, Una Brands acquired multiple brands, including a premium DTC brand catering to nursing mothers in Malaysia and one of TikTok’s most popular lip care brand in Indonesia.
As a group, Una Brands claims to have achieved US$70 million in run-rate revenue and is expected to achieve Group EBITDA profitability in 2023.
—
Echelon Asia Summit 2023 brings together APAC’s leading startups, corporates, policymakers, industry leaders, and investors to Singapore this June 14-15. Learn more and get tickets here. Echelon also features the TOP100 stage, where startups can pitch to 5000+ delegates, among other benefits like a chance to connect with investors, visibility through e27 platform, and other prizes. Join TOP100 here.
The post Una Brands rakes in US$30M to acquire e-commerce brands in home & living, mom & baby segments appeared first on e27.