Nordstar, Insignia back Asia Amazon marketplace consolidator
Southeast Asia has seen its second e-commerce aggregator investment in a matter of days, with Rainforest securing $36 million in seed funding from Nordstar and Insignia Venture Partners.
The Singapore-headquartered company’s strategy is based on the assumption that the proliferation of micro brands will continue, driven by fundamental shifts in consumer behavior and the growth of direct-to-consumer...
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