GEREJE has successfully supported the leading Vietnamese premium flash-sales platform LEFLAIR in its USD 7M fundraising, led by Cambodia-based VC Beltroad Capital Management and the South-Korean strategic investor GS Group. This round of funding will help strengthen LEFLAIR’s foothold in Vietnam and accelerate its growth in Southeast Asia.
LEFLAIR is a pioneer online flash-sales company in Vietnam. Created in 2015 by Loic Gautier and Pierre-Antoine Brun, it has reached a dominant position in its domestic market, counting as of today more than 1,400 brands from Vietnam and abroad, with over 1M unique visitors every month (3.2 M visits in Q1 2018).
Fabrice Lombardo, Founder & CEO of GEREJE Corporate Finance: “LEFLAIR has a very attractive potential in Vietnam – a high-growth, promising country but where some goods can still be hard to find. The platform’s concept can be replicated in other neighboring countries.
We are proud to have contributed in the successful closing of this fundraising round, which was highly strategic for LEFLAIR: this cash injection will enable it to consolidate its leadership in Vietnam, and to launch its regional development in Southeast Asia”