Vanitee, a website where people can book beauty services, has been dolling up for investors lately. It announced a successful close of a S$5 million (US$3.5 million) fundraising round, part of which was disclosed earlier.
The latest backers to join the stable include Ivan Lee, better known in Singapore as the founder of the Thai Express group of restaurants. He sold the business for S$100 million in 2009. He then started Raging Bull, a private investment company which he’s using to invest in Vanitee. Major Japanese cosmetics portal Cosme also put some money in.
Vanitee focuses mainly on nail services. People can pick the professional they like, book an appointment, and pay, all through the website and app. It plans to introduce other categories like hair, makeup, and facial.
Vanitee also provides beauty professionals with tools to run their businesses better. These include a customer relationship management, real-time scheduling, revenue tracking, invoicing and billing, and more.
Now only available in Singapore, the funding will be used to expand Vanitee to Malaysia. Hirings and strategic acquisitions are also in the works.
Vanitee is founded by Douglas Gan, who has started multiple internet businesses. These include ShowNearby, a mobile directory app, and VanityTrove, a subscription service for beauty products.
Tech in Asia has reached out to Douglas with questions about traction and revenue model.
This post Thai Express founder invests in beauty services site’s $3.5m round appeared first on Tech in Asia.
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