ace turtle

Retail Nxt : Transforming Retail Through Technology

General Information
Company Name
ace turtle
Founded Year
2014
Location (Offices)
India +1
Founders / Decision Makers
Number of Employees
300
Industries
E-Commerce, Internet, Retail +1
Funding Stage
Series B
Social Media

ace turtle - Company Profile

ace turtle is a Bengaluru and Singapore-based tech-native retail company that aims to revolutionize the retail industry through technology. Established in 2014, the company is vertically integrated, handling design, local manufacturing, and direct marketing to cater to evolving consumer expectations. Its proprietary technology, utilizing data science from design to fulfillment, empowers ace turtle to meet these expectations effectively. The company has exclusive licenses for renowned global brands like Lee, Wrangler, Toys"R"Us, Babies"R"Us, and Dockers in India and other South Asian markets. This enables ace turtle to offer a diverse range of products and services to consumers in the region. In its latest funding round, ace turtle secured a noteworthy $34.00M Series B investment on May 02, 2023. The investment was led by a consortium of prominent investors including InnoVen Capital, Stride Ventures, Farglory Group, Trifecta Leaders Fund, Vertex Growth Fund, SBI Investment, Vertex Ventures SE Asia & India, and Tuscan Ventures. With a focus on E-Commerce, Internet, and SaaS industries, ace turtle is poised for significant growth and impact within the retail sector. The company's commitment to leveraging technology and strategic partnerships with global brands positions it for success in the dynamic and competitive retail landscape. For more information, visit www.aceturtle.com.

Taxonomy: Retail Technology, Omnichannel, Vertical Integration, Brand Licensing, Local Manufacturing, Consumer Direct, Retail Transformation, Global Brands, Online Retail, Consumer Expectations, Indian Retail Market, Southeast Asian Market

Funding Rounds & Investors of ace turtle (4)

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Funding Stage Amount No. Investors Investors Date
Series B $34.00M 8 Vertex Ventures Southeast Asia & India, Tuscan Ventures 02 May 2023
Venture Round INR270.00M 1 12 Jul 2019
Debt Financing Unknown 1 22 Sep 2017
Series A $5.00M - 08 May 2017

Latest News of ace turtle

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No recent news or press coverage available for ace turtle.

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