Funds used to future proof its technology, expand brand portfolio
In a statement, the direct-to-consumer e-commerce startup said the funds raised will be channeled into future-proofing the company’s technology and development processes and to develop and expand RPG’s brand-portfolio to create revolutionary consumer products. The startup claimed that its business has resulted in a rapid brand portfolio expansion and customer base growth of 300% over the past year.
“With this round of funding, we aim to rapidly expand our talent pool across the entire organisation and enhance our technological capabilities in addition to expanding our suite of brands to further disrupt the consumer landscape,” said Melvin.
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