Social commerce startup Trell raises $45 million from Mirae, H&M others

Influencer-led social commerce platform Trell has raised $45 million (Rs 335 crore approx.) in a series B funding round from Mirae Asset, H&M Group and LB Investments at a post-money valuation of $120 million.

Existing backers, along with KTB Network, Samsung Ventures and Fosun RZ Capital, also participated in the funding round which saw some early-stage investors sell stock worth $5 million.

So far, the startup has raised more than $62 million, including the latest round.