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Online Shopping Club KupiVIP.ru Raises Second Round

Files under: News
Posted by: Quintura @ 03:34 [26. 03. 09]

The online shopping club KupiVIP.ru , which is operated by Privat Trade Ltd and organizes designer brand online sales in fashion and fashion accessories with discounts of up to 70% off boutique prices, has raised several million USD in the second round of funding from Mangrove Capital Partners, Arlan, and ABRT Fund. The company previously raised funding from the same investors.

KupiVIP.ru has reached 200,000 registered users since its launch last October.

Mangrove Capital and ABRT are investors in Quintura. The two funds have also invested in Russian in-game advertising company EnterMedia.

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