Tokyo-based startup Monoco announced today it has raised funds from Japan’s second largest telco KDDI and Japanese VC firm Global Brain. The specific amount was not disclosed but it’s thought to be several million US dollars.
Monoco is a flash sales e-commerce site focused on selling fashion items of a limited quantity selected by curators and buyers worldwide. Since the company’s launch back in April of 2012, it has acquired more than 80,000 users, partnering with more than 900 fashion designers worldwide. ...continue reading ...
Sd 7/18/2013 [en]
- Fashion commerce is becoming one of the most crowded area for startups recently. KDDI actually invested in another fashion commerce service, Origami back in April.