What is iPrice? iPrice is an online e-commerce aggregation website in Southeast Asia that brings together many well-known e-commerce websites on one platform, simplifying consumers' shopping experience by allowing them to browse products and compare their prices across various online stores. What is the development history of iPrice? -In October 2014, iPrice was established in Kuala Lumpur, Malaysia. -In May 2015, iPrice received approximately US$550,000 in its first round of seed funding from Asia Venture Group (AVG). -At the end of 2015, iPrice announced that it had raised $1.2 million in second round seed funding. This round of financing was led by existing investor AVG, and other investors included: 500 Startups, IMJ Investment Partners, Venturra Capital, F2 Capital and Starstrike Ventures. -In 2016, iPrice made a major change by introducing price comparison functionality to its e-commerce aggregation service. -At the end of 2016, iPrice completed a US$4 million Series A financing round led by Asia Ventures Group (AVG) and Venturra. -In May 2018, iPrice received a Series B funding led by Line Ventures, with participation from Singapore-based Cento Ventures and Indonesia-based Venturra Capital. The specific amount was not disclosed. That’s all about iPrice today. If you want to learn more about iPrice, please stay tuned! |
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