# Ipule

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ipule

- Industry: Internet
- Headquarters: Tianjin, China
- Total disclosed funding: $70M
- Latest round: Series C (Aug 21, 2023)
- Investors on record: 2

## About

Based in Tianjin, China, and established in 2019, Ipule is an e-commerce brand that operates a cross-broader e-commerce platform. Ipule belongs to Tianjin Hezhi Baishun International Trade. The company has import and export licenses. The company signed an exclusive OEM agreement with a Thai Buddhist license plate franchise and also signed a Hong Kong and Taiwan star as the global spokesperson. In August 2023, Ipule raised USD 70 million in series C funding from new investors Beacon Venture Capital, and Middle East Venture Partners.

Ipule operates a cross-broader e-commerce platform. It provides accessories about Buddhism, which are mainly categorized into affordable and classic types. And those accessories have Thailand culture and Buddhism culture. The e-commerce platform uses big data and artificial intelligence technology. The company promotes its products in more than 100 countries, including the United States, China, Germany, the United Kingdom, and others. The company also promotes its products through online group buying communities, professional group leaders, and offline group buying communities. 

The company adopts a business model that combines online and offline, earning profits through the establishment of online communities and offline community group purchases.

## Funding rounds

- Series C, Aug 21, 2023, $70M — Middle East Venture Partners, Beacon Venture Capital

## Investors

- Middle East Venture Partners (https://capitalatlas.ai/funds/middle-east-venture-partners) — Series C
- Beacon Venture Capital (https://capitalatlas.ai/funds/beacon-venture-capital) — Series C