N-Squared eCommerce, a local e-commerce solutions provider, is set to raise Series B funding in the middle of this year as part of its strategy to drive international expansion and attain 10 billion baht in sales in Asean by 2024.
The company, which raised more than 450 million baht in Series A funding in 2020, has expanded its reach to five Asean countries: Singapore, Malaysia, the Philippines, Indonesia and Vietnam. It registered 3.5 billion baht in sales last year with a compound annual growth rate of 61% over the past five years.
