Tag Archives | redmart

Redmart’s e-commerce goal scores $23m from Alibaba investor Softbank, Facebook co-founder Saverin

Singapore-based online grocery store RedMart has huge ambitions to eventually expand beyond groceries, with the aim to eventually build a logistics network that can be leveraged for many verticals other than just groceries. “We see ourselves as a technology and logistics company that just happens to be delivering groceries,” Redmart CEO Roger Egan told TNW. […]

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RedMart closes Series A round to bring its total funding to $4.6m

Singapore-based online grocery store RedMart has closed its Series A round of funding, the company announced today, bringing its total amount of funding to $4.6 million so far. According to Angel List, RedMart has raised just shy of $1.2 million before today’s announcement — indicating that it has raised around $3.4 million in this short span of time. […]

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