BANGKOK -- Bangkok-based online beauty retailer Konvy has raised $10 million in a Series A funding round solely from Insignia Ventures Partners -- the first capital commitment by the Singapore-based venture capital firm in a Thai company.
The 10-year-old startup, which produces and sells skin care products and cosmetics via its online platform, told DealStreetAsia that it plans to use the fresh capital to build brick-and-mortar stores, develop house brands and expand in Southeast Asia.
