Freshcart Grocer Sdn Bhd announced that it has received MYR 8.22 million in funding from FirstFloor Capital Sdn Bhd, Aucfan Co., Ltd. and other investors
September 02, 2018
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Freshcart Grocer Sdn Bhd announced that it has received RM 8,220,000 in its Series A round of funding on September 3, 2018. The transaction was led by new investor FirstFloor Capital Sdn Bhd along with participation from new investor Aucfan Co., Ltd. (TSE:3674) along with other private investors.
Aucfan Co.,Ltd. is a Japan-based company mainly engaged in the media business, marketplace business and solution business. The Company operates through four segments. The Media segment is involved in the operation of aucfan.com which is a shopping comparison and search site and education and individual support service named Oakfan School. The Marketplace segment is involved in the handle of stock disposal and sale of channel expansion support for corporations, as well as the operation of NetPrice which is business-to-consumer (BtoC) marketplace. The Solution segment is involved in the provision of service for corporate companies to improve business efficiency and expand business performance. The Incubation segment is involved in the investment of related businesses, as well as the provision of consulting services for these businesses.
Freshcart Grocer Sdn Bhd announced that it has received MYR 8.22 million in funding from FirstFloor Capital Sdn Bhd, Aucfan Co., Ltd. and other investors