The Doosan-backed e-book distributor has raised $20m from ShinHan Finance Investment, Praxis Capital Partners and Company K Partners.
Ridibooks, the South Koreaa-based e-book retail platform that counts diversified conglomerate Doosan as an investor, has received $20m in its series C round, Tech in Asia reported yesterday.
ShinHan Finance Investment, a subsidiary of financial services firm ShinHan Finance Group, provided the funding along with private equity firm Praxis Capital Partners and investment firm Company K Partners.
Founded in 2009, Ridibooks has built its own proprietary e-reader device called Ridi Paper and formed an e-book distribution platform with more than…
