Bangkok based startup aCommerce raised $5M in funding

May 11, 2015: A Bangkok based e-commerce service provider company aCommerce announced that they have raised $5 million in funding. The investment round is led by Inspire Ventures, Ardent Capital and Sinarmas.

According to the company, the current funding round is in preparation for a larger series B funding round which will set to take place in second half of 2015. The firm claims that demand for their services in Indonesia exceeded their forecasts due to the rapid growth of new players in the market. 

With the fresh investment, aCommerce aims to improve their three key divisions which are marketing, tech and warehouse space. 

Founded in early 2013 by group of enthusiastic entrepreneurs, aCommerce grown leaps and bounds to become one of the largest ecommerce service provider in South Asia. The startup is now a preferred local partner for global brands including Samsung, Line and Huawei.

Source: TechInAsia.com

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An Electronics Engineer by education, a part-time blogger by passion. He loves everything about technology, hence he writes about it. Interest includes Technology, Startups and Mobile Applications.