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Announced

Completed

LB Investments led a $45m Series B round in Trell.

Financials

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Transaction Value£35m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

Acquisition

Minority

India

Single Bidder

Friendly

ecommerce

Completed

Venture Capital

Cross Border

E-commerce

Private Equity

Synopsis

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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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