Here’s Evo Commerce! This Singapore-based startup just raised $2.1M in funding. They’re a D2C personal care and supplement startup.

• The startup claims its topline has increased by 300% annually over the past two years.

Investor check. IJK Capital Partners led the round. Chen Capital, Reuben Lai (former MD, Grab Financial Group), Octave Wellbeing Economy Fund, Orvel Ventures, Straits Angels, and Ascend Angels participated.

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💊 The (Bounce)back story

They’re here to build premium yet affordable supplement and personal care products.

• They claim to manufacture in the same factories as global megabrands, so their products are high-quality for less $$$.
• Going D2C removes the inefficiencies and costs of traditional retail and distribution, allowing them to focus on bringing quality and cost savings to customers.

They started with Bback (fka Bounceback) a hangover cure.

Now, they have other brands like:

• Stryv: salon-grade hair tools and products like hair dryers, hair stylers, and more.
• Mantou: a haircare brand focused on hair loss.

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💰 What’s with the $$$?

They’ll develop new products, boost their physical retail presence in key markets, and explore new markets for expansion.