OQVestir Receives US$30 Million Investment from TMG Capital and Existing Shareholders (Latin America)
Posted On: 01 Apr 2014 | Source: Startupi | Author(s): Diego Remus
OQVestir, a Brazil-based online store specializing in women's luxury fashion, has raised US$30 million in new funding from Brazil-focused private equity firm TMG Capital. TMG Capital’s investment was structured through TMG Private Equity Fund II. Existing investors venture capital firm Kaszek Ventures and hedge and private equity firm Tiger Global Management also participated in the round. OQVestir carries collections from more than 180 different brands of clothes, shoes, accessories and home products.