Leflair, a Vietnam-based e-commerce company early backed by 500 Startups, has raised a new round of $7 million funding led by Belt Road Capital Management, an executive with the Mekong sub-region investor has confirmed.
GS Shop, the South Korean limited partner in 500 Startups Vietnam fund, participated in the funding with $3 million as its first direct investment in the country, GS Shop announced in a separate announcement.