The startup said that the funding will be directed towards helping its clients sell online

aCommerce, a Bangkok-based startup that helps to establish product sales of brands announced that it has raised more than US$10 million from existing investors including KKR & Co, as reported by Bloomberg.

KKR’s Emerald Media, investment house Blue Sky, DKSH Holding AG, and an Indonesian conglomerate Sinar Mas, also took part in the company’s latest funding round.

“The six-year-old firm plans to raise another US$5 million by the end of this year as part of an extended Series B or early-stage funding round,” said Chief Executive Officer Paul Srivorakul

“We have ambitions for an IPO that forces us to grow a healthy, valuable business,” Srivorakul added.

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aCommerce’s services include providing services from distribution and marketing to warehousing and delivery. Currently, it operates in Singapore, Indonesia, Thailand, Malaysia, and the Philippines.
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