PH e-commerce enabler Etaily raises $4.3m in Gobi-backed funding

Manila, Philippines. Photo: David Milmont/unsplash

Philippine-based e-commerce enabler Etaily announced raising $4.3 million in its seed extension funding round led by JG Digital Equity Ventures, the investment arm of Gokongwei Group, and backed by venture capital firm Gobi Partners.

Ayala Ventures and Foxmont Capital re-upped in the round. Gobi Partners invested through its local Gobi-Core PH Fund. Owners of Century Pacific Group, Landmark Department Store, and Abenson.com also participated in the fundraising.

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