Sofina, Burda and Sequoia Capital Lead US$54 Million Series C Round for Zilingo (Asia)

Source(s): Zilingo

Zilingo, a Singapore-based fashion, beauty and lifestyle e-commerce platform, has raised US$54 million in a Series C round led by Belgium-listed investment company Sofina; Burda Principal Investments, the growth equity arm of Germany-based Hubert Burda Media; and global private equity and venture capital fund manager Sequoia Capital. Global technology investor Amadeus Capital Partners, along with existing shareholders Tim Draper, Susquehanna International Group, Venturra, Beenext and Manik Arora, also participated in the round.