The deal is the latest in a series by SoftBank, which is investing from its $5-billion Latam fund, launched in March.
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INCE Capital was set up by Gan in July 2019 after he left Qiming, where he was a founding managing partner.
The round was led by Alibaba co-founder Jack Ma-backed electronic World Trade Platform (eWTP).
The brand has launched its products in the subcontinent and plans to expand its reach globally in the next five years.
The investment comes nine months after it raised $68 million Series A from Alibaba, Andreesen Horowitz, and others.
The funding round was participated by Asian and European investors.
The fresh funding will be used by Hatcher+ to develop its predictive analytics engine and business process automation capabilities.
Social e-commerce startups have raised $157 million from venture investors this year.
The vehicle marks the first time Quest Ventures is raising capital from external investors.
The startup will use the funding to add support for 1,000 colleges across 50 cities over the next 2 years.
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