Emerald Media banks on startup

Singapore

KKR & Co-backed Emerald Media led a US$65 million funding round in aCommerce, a Bangkok-based startup that helps brands including Samsung, Unilever and L'Oreal sell their products online across South-east Asia.

The four-year-old firm, which already operates in Singapore, Indonesia, Malaysia, Thailand and the Philippines, plans to use part of the proceeds to expand in markets such as Vietnam. The firm's existing backers Blue Sky, MDI Ventures and DKSH also joined the series B round, the company said.