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Social commerce platform Trell has raised $45 million in a Series B round of funding led by financial group Mirae Asset, H&M Group and co-led by LB Investments.
It is the first Indian investment by the H&M Group, the company that owns fashion retail brand H&M, COS, and Monki.
Along with KTB Network, previous investors Samsung Ventures, and Fosun RZ Capital participated in this round. With the closing of the Series B round, Trell’s total funding raised has reached $62 million to date.
Social commerce--the buying and selling of goods or services directly within a social media platform--is worth $1.5
