RAINFOREST LIFE PTE. LTD. Business Review
Business Overview
TrustScore Analysis
Our preliminary analysis has revealed key insights about RAINFOREST LIFE PTE. LTD.'s performance and market presence. Here‘s a summary of our findings:
Positive highlights
Has been operational for a few years
Negative highlights
- No employer brand presence on career platforms
- May not have contact information online
- No official business profile found on major search engines
Corporate Information
62011
Development of software and applications (except games and cybersecurity)
Contact Information for RAINFOREST LIFE PTE. LTD.
RAINFOREST LIFE PTE. LTD.'s InvoiceNow Corporate Profile
0195:SGUEN202032569D
iso6523-actorid-upis::0195:SGUEN202032569D
RAINFOREST LIFE PTE. LTD.'s Business Reviews
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Public Preview of RAINFOREST LIFE PTE. LTD.
This is only a preview of the TrustScore results for RAINFOREST LIFE PTE. LTD., showcasing a few facets of its business that we have analysed.
Evolving Stage
A brand in its evolving stage is one that is actively growing, refining, and expanding its market presence. They have gained certain traction in establishing foothold in chosen markets. These brands have defined their core identity, mission, and values and is continuously working to scale their operations, reach new audiences and adapt to changing market dynamics. They are in the process of continuous improvement and innovation, and focusing on customers engagement and feedback.
Key Characteristics
- Established Identity: RAINFOREST LIFE PTE. LTD. has a clear mission, vision, and values but may still change or update its messaging to reflect growth or new goals.
- Growing Awareness: It has a recognisable presence in its niche or industry but is working to expand its market reach. May be investing more in advertising, social media and partnerships.
- Scaling Operations: The brand is investing in infrastructure, personnel and processes to support future growth.
- Expanding Offerings: RAINFOREST LIFE PTE. LTD. is capable of introducing new products, services, or features to meet customer needs.
- Building Loyalty: Focused on deepening and entrenching relationships with existing customers while attracting new ones.
- Adapting and aligning to feedback: RAINFOREST LIFE PTE. LTD. is actively employing customer insights and market trends to improve the business
Why It Matters
- RAINFOREST LIFE PTE. LTD. represents growth, adaptability, and potential within the development of software and applications (except games and cybersecurity) sector.
- Having moved beyond the initial startup phase after 4 years, it's positioning for long-term success.
- Its ability to evolve and innovate often determines whether it becomes an industry leader.
The company's address in use by other companies, may raise concerns about the company's credibility and legitimacy. RAINFOREST LIFE PTE. LTD. has been operational for a few years, showing some level of stability. While it shows some level of stability, it may still be in the process of establishing its reputation and credibility.
RAINFOREST LIFE PTE. LTD. has no presence on career platforms and provides no public information about its work environment or employee satisfaction. This lack of transparency may indicate less focus on employee well-being or difficulty in attracting talent, potentially impacting RAINFOREST LIFE PTE. LTD.'s long-term success.
The company is not blacklisted by CaseTrust, which is a positive indicator of its credibility. The company is not on the MAS Enforcement List, which is a positive indicator of its compliance with financial regulations.
RAINFOREST LIFE PTE. LTD. may not have accessible contact information online, which dilutes engagement and credibility. The company has no official business profile on major search engines. This absence makes it difficult for potential customers to verify the company's legitimacy or get in touch, potentially raising suspicions about its credibility.
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Sign In to ContinueAssociated News for RAINFOREST LIFE PTE. LTD.
Singapore e-commerce aggregator eyes interoperability across APAC marketplaces | ZDNet
Having recently secured $36 million in seed funding, Rainforest is looking to acquire more Amazon third-party sellers as well as fast-growing brands that sell on Asian e-commerce platforms. And it is hoping to differentiate itself by offering tools to help these sellers centrally manage their transactions across the different marketplaces. Since kicking off its operations in January 2021, the Singapore-based e-commerce aggregator had acquired three brands that sold through Fulfilment by Amazon (FBA). These included a Singapore-owned brand that sold bedding products on the US e-commerce marketplace. Founded in 2020, Rainforest last month raised $6.5 million in equity financing and $30 million debt facility from a US debt fund. It said it would use the funds to acquire more Amazon FBA brands, bring in new hires, and develop its technology stack.
Singapore-based Rainforest launches with USD 36 mln seed funding
Rainforest, an ecommerce brand aggregator, has officially announced its launch and a seed financing round of USD 36 million to buy and grow digital-native ecommerce brands. The company will be initially acquiring Amazon-native brands from brand owners globally, focusing on Asia-based Amazon FBA sellers. The funding round consisted of USD 6.5 million in equity financing, led by Nordstar, with participation from Insignia Venture Partners, and a USD 30 million debt facility from a US-based debt fund. Amazon’s third-party GMV was USD 300 billion in 2020, growing at 50% year-on-year. With over 30% of the top third-party sellers based out of Asia, Rainforest is well-positioned to acquire these brands and scale them while providing sellers with a beneficial exit opportunity.
Former Carousell, OVO execs launch e-commerce brand aggregator Rainforest with US$36M seed funding | e27
Rainforest, an e-commerce brand aggregator, has officially announced its launch with a seed financing round of US$36 million. The funding round consisted of US$6.5 million in equity financing, led by Nordstar, with participation from Insignia Venture Partners, and a US$30 million debt facility from an undisclosed US-based debt fund. Rainforest will use the funds to acquire promising Amazon FBA (Fulfilment by Amazon) brands, invest in technology, and hire top talent to join their Singapore-headquartered and globally distributed team.
A Bank By Any Other Name: FinTechs Spark Debate
While often referred to as a leading digital bank, Chime is not technically a bank and will no longer be referring to itself as one to appease a California regulator who took issue with FinTech’s loose use of the term. The popular “digital bank” as it is often called, ran afoul of the California Department of Financial Protection and Innovation for using “chimebank” in its website address, as well as using the term “bank” and “banking” elsewhere in its advertisements, according to the agency in a settlement agreement. Chime’s choice to heretofore drop the term “bank” came ahead of a ruling by regulator on the subject.
6 May 2021
Singapore eCommerce Aggregator Raises $36M
Singapore eCommerce brand aggregator Rainforest has raised $36 million in a seed funding round that included $6.5 million in equity financing, The Edge Singapore reported. The funding was led by Nordstar, with participation from Insignia Venture Partners. The round also included a $30 million debt facility from a U.S. debt fund. The startup plans to use the fresh capital to acquire and expand digital-native brands, according to the article. Rainforest was launched in January by executives from Carousell, Airbnb and Fave. JJ Chai, previously the senior vice-president of growth and strategy at Carousell, will serve as Rainforest’s chief executive officer. Chai was also a managing director for Airbnb Southeast Asia and India.
6 May 2021
RAINFOREST LIFE PTE. LTD.'s Website Information
RAINFOREST LIFE PTE. LTD.'s Website Registration Information
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Scam.SG's TrustScore is an AI-driven engine that evaluates a business's trustworthiness by analysing data such as customer feedback, behavioral patterns, and compliance records. This comprehensive assessment results in a numerical score reflecting the entity's reliability.
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