RedMart Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 550

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $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

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 6 Fishery Port Road
  • Level 7
  • Singapore, 619747
  • Singapore
+65 6261
Primary Industry
Internet Retail
Parent Company
Vertical(s)
Corporate Office
  • 6 Fishery Port Road
  • Level 7
  • Singapore, 619747
  • Singapore
+65 6261

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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
To view RedMart’s complete valuation and funding history, request access »

RedMart Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of an online retail store designed to sell groceries and household essentials based in Singapore. The company's
Internet Retail
Singapore, Singapore
550 As of 2018

Singapore, Singapore
 

Bangalore, India
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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
You’re viewing 5 of 25 competitors. Get the full list »

RedMart Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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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
You’re viewing 5 of 22 investors. Get the full list »

RedMart FAQs

  • When was RedMart founded?

    RedMart was founded in 2011.

  • Where is RedMart headquartered?

    RedMart is headquartered in Singapore, Singapore.

  • What is the size of RedMart?

    RedMart has 550 total employees.

  • What industry is RedMart in?

    RedMart’s primary industry is Internet Retail.

  • Is RedMart a private or public company?

    RedMart is a Private company.

  • What is the current valuation of RedMart?

    The current valuation of RedMart is .

  • What is RedMart’s current revenue?

    The current revenue for RedMart is .

  • How much funding has RedMart raised over time?

    RedMart has raised $54.2M.

  • 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.

  • Who are RedMart’s competitors?

    Shopee, UrDoorstep.com, Lelong, ezbuy Holdings, and Presto Mall are some of the 25 competitors of RedMart.

  • When was RedMart acquired?

    RedMart was acquired on 02-Nov-2016.

  • Who acquired RedMart?

    RedMart was acquired by Lazada.

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