Singapore-based The French Cellar secures Series A from ESW Manage
E-trade platform features curation and guided discovery of French wines Immediate markets of hobby consist of Malaysia, Indonesia, China and Japan PRIVATE fairness corporation ESW Manage has announced a seven-figure investment to collect a 20% stake in The French Cellar, a Singapore-situated wine subscription e-trade platform. This Series A funding comes in the wake of investments conserving enterprise Kyosei Ventures, an companion of Singapore Press Holdings (SPH), saying a strategic investment in The French Cellar. Financial phrases were no longer disclosed. In that announcement in March, it also announced that Jackie Lee, founder of generation portal Hardware Zone (HWZ) and leader govt officer (CEO) of virtual advertising corporation clickTRUE, would take at the role of chairman of The French Cellar. ESW Manage Pte Ltd founder and chairman Wong Yat Foo has been invited to join the startup as its director. He brings on board extra than 15 years of experience in regional and...