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.
DealStreetAsia
Thai online beauty retailer Konvy raises $10m from Insignia Ventures
Cosmetics seller will use funds to build brick-and-mortar stores
Ten-year-old startup Konvy plans to use fresh capital to build brick-and-mortar stores, develop house brands and expand in Southeast Asia. (Screenshot from Konvy website)
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