Raena R.U. PTE. Ltd announced that it has received $9 million in funding from BEENOS Inc., Beenext Pte. Ltd., STRIVE, Inc., Alpha JWC Ventures, Falcon Edge Capital, LP, AC Ventures
February 25, 2021
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Raena R.U. PTE. Ltd announced that it has received $9 million in series A round of funding led by new investor Alpha JWC Ventures and Alpha Wave Incubation Fund, a fund managed by Falcon Edge Capital, LP on February 26, 2021. The transaction included participation from other new investor AC Ventures, returning investors BEENOS Inc. (TSE:3328), Beenext Pte. Ltd., and STRIVE, Inc.
BEENOS Inc, formerly netprice.com, Ltd., mainly operates mail-order sales business. It has two segments. The E-commerce segment operates business through three business divisions. The Gathering division is engaged in the mail-order sales through personal computers (PCs), cell phones and smart phones. The Value Cycle division is involved in the purchase, maintenance and sale of secondhand brand-name products, watches, accessories and others. The Cross Boarder division is engaged provision of services making overseas products available for purchase for Japanese clients. The Incubation segment is involved in the provision of Japan products overseas forwarding services, the production of talent licensed products, and the marketing and promotion business focusing on smart phones.
Raena R.U. PTE. Ltd announced that it has received $9 million in funding from BEENOS Inc., Beenext Pte. Ltd., STRIVE, Inc., Alpha JWC Ventures, Falcon Edge Capital, LP, AC Ventures