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Jenina Ibañez · · 1 min read

East Ventures leads Malaysian D2C ecommerce firm’s $29m series B

RPG Commerce, a Malaysia-headquartered ecommerce firm, has raised US$29 million in a series B funding round led by East Ventures. Other investors that participated in the round include UOB Venture Management, Vertex Ventures Southeast Asia & India, and RHL Ventures.

RPG Commerce founders / Photo credit: RPG Commerce

Founded in 2017, the direct-to-consumer ecommerce company acquires brands and develops its own. The company runs an end-to-end brand development, production, and delivery process to sell products. It has offices in Singapore, Malaysia, and the Philippines.

To date, RPG has more than 10 in-house international brands offering consumer products like clothing and homeware. These include Thousand Miles, Bottoms Lab, Montigo, and Cosmic Cookware.

“RPG takes a multi-category, multi-brand approach while retaining the roll-up model as an option, making them a unique and successful player in the ecommerce landscape,” said Willson Cuaca, co-founder and managing partner of East Ventures.

The funds raised will be used to improve the company’s technology and development processes as well as to expand its portfolio of brands.

See also: Shopee layoffs hit payments, food delivery and LatAm teams

Editing by Miguel Cordon and Lorenzo Kyle Subido

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Jenina Ibañez