Zilingo puts on $17m in series B

Sep 12, 2017 • Robert Lavine

The online fashion marketplace has secured $17m in a round co-led by Burda Principal Investments that included existing backer Susquehanna International Group.

Burda Principal Investments, a subsidiary of media group Hubert Burda, co-led a $17m series B round for Singapore-based fashion e-commerce marketplace Zilingo with venture capital firm Sequoia Capital today.

The round included technology and trading firm Susquehanna International Group (SIG) as well as VC firms Beenext, Venturra Capital and Wavemaker Partners, and private investors Tim Draper and Manik Arora.

Zilingo operates an online platform that sells fashion, lifestyle, jewellery and beauty items to customers on behalf of small-scale offline brands…

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