DotPe, a tech-enabled multi-channel e-commerce platform for big and medium-scale merchants, has raised $58 million in Series B funding led by Temasek. The round saw participation from existing investors PayU, the payments and fintech business of Prosus, InfoEdge Ventures. New players included Mitsubishi and Naya Capital.
The firm currently serves over 7.5 million brands including McDonald’s, 24 Seven and Taco Bell and is also planning a foray into financial services.
“We started DotPe with a vision of becoming the primary enabler and disruptor in the O2O commerce segment. Our company has had a great run so far. However, existing merchants