RedMart Overview
- Year Founded
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2011
- Status
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Acquired/Merged
- Employees
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550
- Latest Deal Type
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M&A
- Latest Deal Amount
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$40M
RedMart General Information
Description
Provider of an online retail store designed to sell groceries and household essentials based in Singapore. The company's online retail store helps independent sellers showcase variety of fresh food, household essentials and specialty products, enabling users to shop for grocery products and other items and get it delivered to their doorsteps.
Contact Information
Website
redmart.lazada.sg(Operating Subsidiary)
Corporate Office
- 6 Fishery Port Road
- Level 7
- Singapore, 619747
- Singapore
Corporate Office
- 6 Fishery Port Road
- Level 7
- Singapore, 619747
- Singapore
RedMart Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | 02-Nov-2016 | $40M | Completed | Generating Revenue | ||
| 6. Early Stage VC | 20-Aug-2015 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series B) | 15-Jul-2014 | Completed | Startup | |||
| 4. Early Stage VC (Series A) | 17-Jul-2013 | Completed | Startup | |||
| 3. Seed Round | 05-Apr-2013 | Completed | Startup | |||
| 2. Angel (individual) | 01-Oct-2012 | $368K | Completed | Startup | ||
| 1. Seed Round | 08-Nov-2011 | $368K | $368K | Completed | Startup |
RedMart Comparisons
Industry
Financing
Details
RedMart Competitors (25)
One of RedMart’s 25 competitors is Shopee, a Corporation company based in Singapore, Singapore.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Shopee | Corporation | Singapore, Singapore | ||||
| UrDoorstep.com | Formerly VC-backed | Bangalore, India | ||||
| Lelong | Corporate Backed or Acquired | Selangor, Malaysia | ||||
| ezbuy Holdings | Formerly VC-backed | Singapore, Singapore | ||||
| Presto Mall | Formerly PE-Backed | Kuala Lumpur, Malaysia |
RedMart Related Research & Analysis
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Key Data Points
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Majestic Referring Domains
RedMart Former Investors (22)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Amasia | Venture Capital | Minority | ||
| Ambient Sound Investments | Family Office | Minority | ||
| DHG Communications Network | Venture Capital | Minority | ||
| DSG Consumer Partners | Venture Capital | Minority |
RedMart FAQs
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When was RedMart founded?
RedMart was founded in 2011.
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Where is RedMart headquartered?
RedMart is headquartered in Singapore, Singapore.
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What is the size of RedMart?
RedMart has 550 total employees.
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What industry is RedMart in?
RedMart’s primary industry is Internet Retail.
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Is RedMart a private or public company?
RedMart is a Private company.
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What is the current valuation of RedMart?
The current valuation of RedMart is .
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What is RedMart’s current revenue?
The current revenue for RedMart is .
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How much funding has RedMart raised over time?
RedMart has raised $54.2M.
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Who are RedMart’s investors?
, Amasia, Ambient Sound Investments, DHG Communications Network, and DSG Consumer Partners are 5 of 22 investors who have invested in RedMart.
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Who are RedMart’s competitors?
Shopee, UrDoorstep.com, Lelong, ezbuy Holdings, and Presto Mall are some of the 25 competitors of RedMart.
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When was RedMart acquired?
RedMart was acquired on 02-Nov-2016.
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Who acquired RedMart?
RedMart was acquired by Lazada.
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