BALAAN
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BALAAN - overview
Established
2015
Location
Seoul, -, South Korea
Primary Industry
Retail
About
Founded in 2015 and based in Seoul, South Korea, BALAAN operates a business as a luxury boutique online shopping mall. In October 2022, BALAAN raised KRW 25 billion in series C funding from new investor Shinhan Capital and other unspecified investors. Returning investors DAOL Investment and Company K Partners also participated in this round. As of 2023, the company is led by its CEO Choi Hyeong-rok.
BALAAN offers consumer products including footwear, purses, and neckties for men and women. The company will use the October funding to upgrade its service and technology.
Current Investors
Q Capital Partners, SBI Investment, JB Investment
Primary Industry
Retail
Sub Industries
Clothing Stores, Web Applications
Website
www.balaan.co.kr
Verticals
E-commerce
Company Stage
Series C
Total Amount Raised
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