The series A round is reportedly valued at $2m, according to news provider TechCrunch.

Gree Ventures, the corporate venturing unit of Japanese global mobile social company Gree, has invested a reported $2m in the series A round of Singapore-based online cosmetics and skincare store Luxola.

Gree Ventures’ GV-I Investment Partnership has a total of Y2bn ($20.2m) under management and invests in internet start-up companies in south-east and east Asia.

This latest investment joins other e-commerce companies in its portfolio, including Bukalapak.com, an Indonesian online C2C marketplace where people can buy or sell any goods…