PricePanda is a price comparison site that redirects users to partner online shops. Launched in 2012, the Rocket Internet-backed startup has redirected 1 million users to partner sites. The company is backed by investors including Rocket Internet and AB Kinnevik. It raised $3M in new funding from German retail group Tengelmann Group. The new capital will be used to expand PricePanda into other South Asian markets. Co-founder Christian Schiller said mobile commerce growth in Southeast Asia is a key driver and the company expects to scale rapidly. PricePanda did not disclose its total prior funding, though it was rumored to have been backed with $12.8M at launch.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2014