Northstar Leads Una Brands Latest Funding

By Editorial Team 02/03/2023
startup business
Summary

E-commerce brand aggregator startup Una Brands recently secured US$30 million in a Series C funding round led by Northstar Group. The funds consist of equity and debt that will be utilized to enhance its operations and acquire new brands in the next two years.

Una Brands Chief Executive Officer Kiren Tanna said the company plans to develop a multichannel platform and reinforce its supply chain and distribution network.

In addition, Una Brands aims to acquire more high-quality e-commerce brands in the home and living, mom and baby, and beauty and personal care categories.

“In line with the ongoing consolidation trend in developed markets, Una Brands will seek strategic opportunities to enhance growth and solidify its position as a leading multichannel e-commerce aggregator in Asia-Pacific,” Tanna said on Wednesday.

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