August 18

SG-Headquartered E-Commerce Startup Graas Snags $40 Million in Series A

Singapore-headquartered e-commerce startup Graas has raised over $40 million in a Series A funding round led by Kejora-backed special purpose vehicle (SPV) Galaxy, Performa (multi-billion European Asset Manager-led SPV), Integra Partners, Yuj Ventures (Xander Group) and AJ Capital, according to its announcement on Tuesday.

The round also saw participation from some of Southeast Asia and India’s “best know angel investors and industry leaders,” across deep tech, retail tech, adtech and private equity, per the announcement.

Graas was set up earlier this year by serial entrepreneur Prem Bhatia and former Facebook Asia-Pacific managing director Ashwin Puri.

Photo courtesy of Artistic Operations.

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e-commerce, edtech, startups