# Pomelo Fashion Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pomelo-fashion-pte

- Industry: Retail
- Headquarters: Bangkok, Thailand
- Website: www.pomelofashion.com
- Total disclosed funding: $146M
- Latest round: Series D (Feb 8, 2023)
- Investors on record: 21

## About

Pomelo Fashion Pte Ltd is an online retail company specializing in women's fashion, offering stylish apparel, accessories, and footwear designed to meet modern consumer needs, with a focus on affordability and convenience.Founded in 2013 and headquartered in Bangkok, Thailand, Pomelo Fashion Pte Ltd specializes in online retailing of women's fashion. The company has completed 6 deals, with the latest funding round being Series D, raising USD 29.92 mn on February 8, 2023, from investors including Ambient Sound Investments and Cellic, alongside returning investors Jungle Ventures and Ta Activity Singapore Private Ltd. The firm is led by CEO David Jou, who has played a significant role in its development since inception.Pomelo Fashion specializes in online retailing of women's fashion, providing a diverse range of products including clothing, accessories, and footwear. The company's offerings are regularly updated with seasonal trends and are refreshed twice weekly. Pomelo targets fashion-conscious young women across various markets, including Thailand, Singapore, Indonesia, and the United States, ensuring convenience through its e-commerce platform.In 2021, Pomelo Fashion reported a revenue of USD 20.42 mn and an EBITDA of USD -9.09 mn, generated primarily through direct-to-consumer sales on its website, focusing on B2C transactions and promotional sales events.Following the recent Series D funding round, Pomelo Fashion plans to utilize the USD 29.92 mn to enhance its product lines and expand its market presence. The company aims to introduce upcoming collections while targeting further expansion into new regions by the end of 2023, leveraging the new capital to strengthen its operational capabilities and marketing efforts.

## Funding rounds

- Series D, Feb 8, 2023, $30M — Ambient Sound Investments, Jungle Ventures, Ta Activity Singapore Private Ltd., Cellic
- Series C, Apr 7, 2022, $18M — Ambient Sound Investments, Suntory Holdings, Jungle Ventures, ZOZO, Inc., Orzon Ventures, Ta Activity Singapore Private Ltd.
- Series C, Jun 26, 2020, $64M — Lombard, Ambient Sound Investments, Suntory Holdings, InterVest, AngelHub Ventures, Kejora Capital, Central Group, Provident Growth, The Luxembourg Company Deverel, K3 Ventures, Ta Activity Singapore Private Ltd.
- Series B, Nov 21, 2018, $25M — Lombard, 500 Global, Provident Capital, Jungle Ventures, JD.com, Lyra Ventures, Ta Activity Singapore Private Ltd.
- Series A, Oct 28, 2015, $9.6M — 500 Global, Jungle Ventures, Pegasus Tech Ventures, Queensbridge Venture Partners, Ta Activity Singapore Private Ltd.

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Series A, Series B
- Jungle Ventures (https://capitalatlas.ai/funds/jungle-ventures) — Series A, Series B, Series C, Series D
- Pegasus Tech Ventures (https://capitalatlas.ai/funds/pegasus-tech-ventures) — Series A
- Queensbridge Venture Partners (https://capitalatlas.ai/funds/queensbridge-venture-partners) — Series A
- Ta Activity Singapore Private Ltd. — Series A, Series B, Series C, Series D
- Lombard (https://capitalatlas.ai/funds/lombard) — Series B, Series C
- Provident Capital — Series B
- JD.com — Series B
- Lyra Ventures (https://capitalatlas.ai/funds/lyra-ventures) — Series B
- Ambient Sound Investments — Series C, Series D
- Suntory Holdings — Series C
- InterVest (https://capitalatlas.ai/funds/intervest) — Series C
- AngelHub Ventures (https://capitalatlas.ai/funds/angelhub-ventures) — Series C
- Kejora Capital (https://capitalatlas.ai/funds/kejora-capital) — Series C
- Central Group — Series C
- Provident Growth (https://capitalatlas.ai/funds/provident-growth) — Series C
- The Luxembourg Company Deverel — Series C
- K3 Ventures (https://capitalatlas.ai/funds/k3-ventures) — Series C
- ZOZO, Inc. — Series C
- Orzon Ventures — Series C
- Cellic — Series D