Announced
Completed
Financials
Sources
Tags
Private
Acquisition
Minority
India
Single Bidder
Friendly
ecommerce
Completed
Venture Capital
Cross Border
E-commerce
Private Equity
Synopsis
LB Investments led a $45m Series B round in Trell, an e-commerce platform, with participation from Mirae Asset, H&M Group, KTB Network, Samsung Ventures, and Fosun RZ Capital. Trell is planning to utilize the capital to further develop its artificial intelligence and machine learning technologies across regional languages apart from growing the team. The funds will also help with the growth of community and commerce initiatives.
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