What is REFASH?
REFASH operates as Singapore's largest secondhand fashion marketplace, providing consumers with a diverse selection of like-new apparel from popular brands at substantially reduced prices. The company champions sustainable shopping habits, positioning secondhand fashion as an environmentally conscious choice. Through its integrated online and offline retail presence, REFASH aims to make a positive impact by promoting a circular economy within the fashion industry. Its core clientele comprises environmentally aware shoppers seeking stylish and affordable clothing alternatives.
How much funding has REFASH raised?
REFASH has raised a total of $294K across 1 funding round:
Angel/Seed
$294K
Angel/Seed (2016): $294K with participation from Tri5 Ventures and TinkBig Venture Sdn.Bhd
Key Investors in REFASH
Tri5 Ventures
Tri5 Ventures is an investment firm that appears to focus on companies within the technology and information sectors, potentially looking for scalable business models.
TinkBig Venture Sdn.Bhd
TinkBig Venture Sdn. Bhd. (TBV Capital) is a venture capital firm based in Malaysia, specializing in private equity investments and financial services, likely targeting growth-stage companies.
What's next for REFASH?
The recent strategic investment signifies a pivotal moment for REFASH, likely enabling the company to scale its operations, enhance its technological infrastructure, and potentially expand its geographical reach. As a leader in the burgeoning secondhand fashion market, REFASH is well-positioned to capitalize on increasing consumer demand for sustainable and economical apparel options. Future growth may involve further integration of its online and offline channels, strategic partnerships, and continued innovation in inventory management and customer engagement to maintain its competitive edge.
See full REFASH company page
