The Korean fashion e-commerce startup declined to provide an exact valuation figure but confirmed to TechCrunch that its more than 3 trillion won. The post-money valuation increased from its previous $2 billion (2.5 trillion won) in 2021 when the startup picked up a $115 million Series B round from Sequoia Capital and IMM Investment. Its total raised since 2001 now stands at roughly $330 million (430 billion won).With the Series C financing, Musinsa will continue to scale its online and offline business, expand into overseas markets, hire additional staff and make acquisitions in order to diversify its portfolios. The website is available in 13 countries: Japan, Australia, Canada, Hong Kong, Indonesia, Malaysia, New Zealand, the Philippines, Singapore, Taiwan, Thailand, the U.S. and Vietnam.Musinsa has developed itself as a top consumer internet platform in Korea as a differentiated marketplace by its ability to scale rising brands, enable the creator economy for fashion, engage and provide a high-quality e-commerce experience for customers, Mukul Chawla, partner and head of growth equity, Asia for KKR, said in a statement. Other investments from the private equity firms strategy include Lenskart, an India-based omnichannel eyewear retailer; Advanced Navigation, an Australian AI-based robotics technology developer; Privy, an Indonesian digital identity provider; GrowSari, the Philippines-based B2B e-commerce platform for small and medium enterprises; and NetStars, a Japanese QR code payment gateway operator.This article has been updated with information from Musinsa.