Poundit, an award-winning ecommerce startup operating in the Philippines since 2014, announced that it has raised SGD850,000 funding from Singapore-based Cocoon Capital, a SGD10 million seed-stage venture firm focusing on early-stage, digital companies across Southeast Asia and India.
Poundit is an e-commerce site for electronics & accessories where customers can shop risk free, enjoy price savings, and experience genuine service. Since its inception, it has built partnerships with top tech brands such as Sony, GoPro, ASUS, JBL, Harman Kardon, and Otterbox, enabling the site to offer authentic and authorized, top-notch products at competitive prices. With a fast-growing customer base, the company is seeing triple digit growth and with Cocoon’s support, it’s gearing up to take it to the next level.
With its fresh funding, Poundit will focus on building its team, expanding its reach, and improving the customer experience. First on the list is a revamped online store to attract and engage more customers. The site will also move from www.YouPoundIt.com to www.Poundit.com to make it even easier to find.
Check out their new site, learn about upcoming promos, and enjoy the new gadgets. Poundit offers cash on delivery, accepts credit card payment and delivers anywhere in the Philippines.