Philippines's Resellee raises $1 million; helps people start a business with no capital.

People can start a business without having to keep any inventory of products.


Carl Adrian

16 Nov, 2020

Philippines's Resellee raises $1 million; helps people start a business with no capital. | BEAMSTART News

- From our Sponsors -

Resellee, a social e-commerce startup from the Philippines, announced today that they have raised $1 million in seed funding.

Investors for the round include Mintech Enterprises and Hofan Capital.

The Resellee Official Website

Co-founded by Marc Concio, Glenn Quiro, Aaron Madolora, Jason dela Rosa and Lorraine Macapagal, Resellee is a social e-commerce platform that allows Filipinos to buy and sell (as well as resell) products online via social media without having to keep any inventory of products.

The vision is to provide a platform where people can start an online business with zero-capital — perfect for people who are unemployed or seeking to earn some additional income.

At the same time, the service is able to help many small and medium-sized businesses (as well as farmers) sell their products online to thousands of resellers and buyers.

The Resellee App

Moving forward, Resellee aims to utilize the new funds to grow its local operations and expand regionally in 2021.

“Resellee plans to deploy the proceeds of the fund on capital investments to further enhance its product development and innovation with new app features such as group buying, AI and microfinancing, among others. The new features will make it easier for our resellers and merchants to earn more income,” Founder and CEO Marc Concio said in a statement.

- From our Sponsors -

Latest Jobs

Founding Engineer

Bloom

Zurich,

Full Time

USD 100000 — USD 150000 yearly

Founding Engineer

Nowadays

California,

Full Time

USD 110000 — USD 170000 yearly

AI Engineer

Mercura

Bavaria,

Full Time

USD 60000 — USD 80000 yearly

Founding Engineer (Backend)

Pally

California,

Full Time

USD 120000 — USD 240000 yearly

Account Executive

Novoflow

California,

Full Time

USD 200000 — USD 250000 yearly

Sales Development Representative

Usul

California,

Full Time

USD 70000 — USD 150000 yearly

Senior Software Engineer

Crustdata

California,

Full Time

USD 150000 — USD 220000 yearly

Founding Recruiter

Giga

California,

Full Time

USD 110000 — USD 170000 yearly

Hardware Engineer

Makani Science

California,

Full Time

USD 65000 — USD 130000 yearly

Software Engineer

Solidroad

California,

Full Time

USD 170 — USD 220 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2025 BEAMSTART. All Rights Reserved (Legal).