DMA raises Rs 22 crore, set to go live in Jan

BENGALURU: Digital Mall of Asia (DMA), a virtual e-commerce platform, has raised Rs 22 crore in a funding round by real estate investor Satish Jain through his privately-held Amour Infrastructure.

DMA plans to use the funds to scale up product development and branding, create awareness about its key offerings, followed by an upcoming launch in the Indian e-commerce space.

DMA is set to go live in January. The platform aims to provide a ‘digital mall’ experience to consumers.