UNA, an online marketplace connecting buyers and suppliers in the Asia Pacific region, recently raised $40 million in a Series A funding round led by Sequoia Capital India. The funding round also saw participation from other notable investors lrtrading such as Flourish Ventures, Temasek, and others.
Founded in 2019 by former Lazada executive Tobias Heusch and entrepreneur Alexander Friedhoff, UNA aims to help small and medium-sized businesses in the Asia Pacific region to connect and trade with one another. The platform offers an end-to-end solution for the procurement process, from sourcing to payment, and logistics.
UNA’s platform is designed to help suppliers and ifsptv buyers streamline their procurement processes and reduce inefficiencies. The company aims to help businesses access a wider range of suppliers and products, and to simplify the procurement process by providing a single platform for all their needs.
The company’s marketplace connects buyers with suppliers across a wide range of industries, including healthcare, hospitality, retail, and manufacturing. UNA offers a wide range of products, from medical equipment to office supplies, and everything in between.
UNA’s platform also includes features giveme5 such as real-time price comparisons, personalized recommendations, and a secure payment system. The company’s logistics platform allows for seamless shipping and delivery across the region.
With the new funding, UNA plans to expand its operations across the Asia Pacific region and invest in its technology infrastructure. The company also plans to build out its team, with a particular focus on hiring more talent for its engineering and product development teams.
UNA’s founders are optimistic about the future of the company and the potential for growth in the Asia Pacific region. They believe that the pandemic has accelerated the shift to online marketplaces, and that UNA is well-positioned to 123chill capture a significant portion of the market.
The company faces stiff competition from other online marketplaces in the region, such as Alibaba’s Alibaba.com and JD.com’s JD Worldwide. However, UNA’s founders believe that their platform’s focus on the needs of small and medium-sized businesses sets it apart from other marketplaces.
Overall, UNA’s Series A funding round is a positive sign for the manytoons company and the Asia Pacific region as a whole. With the increasing adoption of online marketplaces and the growth of e-commerce in the region, UNA is well-positioned to capitalize on these trends and help businesses thrive in a post-pandemic world.