Orlins Venture Group raises US$73,828 in funding
Summary
ORLINS Venture Group (OVG), a Malaysian natural beauty products distributor, has successfully secured US$73,828 (RM302,000) from 54 investors through its equity crowdfunding (ECF) round on Ata Plus, surpassing their target by 20.8%. Business had to go on and OVG secured several new partnerships with major distribution companies across Asia, including PT Biomed in Indonesia, the IFG Group China, and JJ Beauty House of Thailand. OVG’s determination and persistence not only awarded them with numerous strategic partnerships, but to also attain 54 unique investors with RM301,500 worth of investments, exceeding its ECF target of RM250,000. By building a wide base of investors, we have gone beyond just acquiring capital, we undeniably have also gained a crowd of loyal OVG ambassadors,” said Dr. Siva. The fundraising initiative is aimed at broadening OVG’s product offerings and market reach, creating a greater access for people looking to adopt a more natural personal care and beauty regime.