Hermo Creative (M) Sdn Bhd
Latest round
- Series A
Last raised
- Mar 2017
Total raised
- $2M
Investors
- 1
About Hermo Creative (M) Sdn Bhd
Hermo Creative (M) Sdn Bhd, founded in 2012, is based in Johor Bahru, Malaysia. The company operates as an independent entity and has not undergone significant business pivots or changes to its operational strategy. The firm was established by Ian Chua and Ian Mok, with Ian Chua currently serving as CEO.Hermo specializes in offering a wide range of beauty products and services predominantly focused on skincare, cosmetics, and personal care. The company’s core product offerings include an extensive selection of beauty brands, catering to various customer needs, from daily skincare routines to specialized treatments. Hermo places a strong emphasis on providing high-quality products that address common skin concerns, ensuring that their offerings resonate with beauty enthusiasts seeking effective solutions. Their clientele primarily consists of individuals in urban areas across Southeast Asia, including markets such as Malaysia, Singapore, and Indonesia, where demand for beauty products has steadily increased.Hermo's revenue model is primarily structured around direct-to-consumer sales, allowing them to engage with customers through their online platform.60.60, reflecting its operational activity and investment strategies. Transactions typically involve consumers purchasing individual beauty products or curated sets, with the potential for subscription services that offer regular deliveries of their favorite items. The company’s flagship products are well-integrated into their sales strategy, promoting repeat purchases and customer loyalty. Hermo also collaborates with beauty brands to offer exclusive deals and promotions, enhancing their market presence and driving sales.Hermo Creative (M) Sdn Bhd has plans to launch new beauty products aimed at expanding their existing portfolio, although specific release dates have not been disclosed. The company is also looking to enhance its market presence by entering additional Southeast Asian markets within the next few years. In May 2017, Gobi Partners sold its stake in Hermo Creative (M) Sdn Bhd to iStyle Inc. for an undisclosed amount, signaling a strategic shift in ownership that may influence future growth opportunities.
Who invested in Hermo Creative (M) Sdn Bhd
1 investor across 1 round
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Funding rounds
Series A
Mar 29, 2017
Amount
$2M
Investors
Questions about Hermo Creative (M) Sdn Bhd
Who invested in Hermo Creative (M) Sdn Bhd?
Hermo Creative (M) Sdn Bhd has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Hermo Creative (M) Sdn Bhd raised?
Hermo Creative (M) Sdn Bhd has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Hermo Creative (M) Sdn Bhd last raise money?
Hermo Creative (M) Sdn Bhd's most recent round on record is a Series A, in Mar 2017.
What does Hermo Creative (M) Sdn Bhd do?
Hermo Creative (M) Sdn Bhd, founded in 2012, is based in Johor Bahru, Malaysia.
Where is Hermo Creative (M) Sdn Bhd headquartered?
Hermo Creative (M) Sdn Bhd is headquartered in Johor Bahru, Malaysia.
Which VCs invest in companies like Hermo Creative (M) Sdn Bhd?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back retail companies at Hermo Creative (M) Sdn Bhd's stage. Their profiles are linked below.
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