# iFashion Group Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ifashion-group-pte

- Industry: Financial Services
- Headquarters: Singapore, Singapore
- Website: www.i-fashiongroup.com
- Total disclosed funding: $11M
- Latest round: Series A (Apr 19, 2017)
- Investors on record: 5

## About

iFashion Group Pte. Ltd. is an established online retailer in Southeast Asia, focusing on a wide range of fashion and lifestyle products, aimed at enhancing the shopping experience for consumers and retail partners alike.Founded in 2014 and headquartered in Singapore, iFashion Group Pte. Ltd. specializes in fashion e-commerce. The company was acquired in May 2018 by Mobile Credit Payment Pte Ltd for SGD 25 million. The company has completed 3 transactions during its operational history. Douglas ??? and Kin Lau are among the founders, with Jeremy Khoo serving as CEO.iFashion Group operates as a leading online retailer in Southeast Asia, offering a diverse array of fashion and lifestyle products, including apparel and accessories. The company's platform integrates various brands, catering to fashion-conscious consumers and retail partners across multiple demographics in markets such as Singapore, Malaysia, Thailand, and Indonesia.In the most recent fiscal year, 2016, iFashion Group reported revenue of SGD 2,458,137.20. The company experienced an EBITDA loss of SGD 563,366.30 during the same year. Its revenue model includes direct-to-consumer sales and partnerships with retailers, leveraging an e-commerce platform to cater to a wide customer base.iFashion Group plans to utilize the recent funding from the Add-on, Trade Sale in May 2018 to support its growth strategy. The company aims to expand into new markets within Southeast Asia and is in the process of developing new product lines to launch in the coming years. This strategic growth initiative is designed to enhance their market presence and reach more consumers.

## Funding rounds

- Series A, Apr 19, 2017, $5.9M — East Ventures, RIMU Group, STUCK Design Pte Ltd.
- Seed, Aug 1, 2016, $5.6M — Sovereign's Capital, Fatfish Internet Group

## Investors

- Sovereign's Capital (https://capitalatlas.ai/funds/sovereign-s-capital) — Seed
- Fatfish Internet Group — Seed
- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Series A
- RIMU Group — Series A
- STUCK Design Pte Ltd. — Series A