China · 
Who invested in Pupumall?
Pupumall's investors include IDG Capital and Thai Joint Venture.
20202021
$55MRound$200MVentureChina · Venture startup
Who invested in Pupumall
2 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.
Funding summaryUpdated 26 Oct 2026
$255Mraised across 2 rounds since 2019, from 2 sources
$55MRound$200MVenture
- Latest round
- Venture, $200MNov 2021
- Step-upi
- 3.6×
- Investors
- 2
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Round, $55M Mar 2019
- Biggest round
- $200M Venture · Nov 2021
- Between rounds
- 2.6 years from the last two
The rounds
- Nov 2021
- Mar 2019
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Everyone who backed them
Thai Joint Ventureno record of our own yet1round
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
This firm lists Pupumall as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Pupumall
How much has Pupumall raised?
Pupumall has raised $255M across 2 rounds since 2019.
When did Pupumall last raise?
Pupumall's most recent round was a Venture of $200M in Nov 2021.
What was Pupumall's biggest round?
Its most recent round, $200M in Nov 2021, is also its largest on record.
Who backed Pupumall first?
Pupumall's first round on record, in Mar 2019, was backed by Thai Joint Venture.
What stage is Pupumall at?
Pupumall's latest named round is a Venture, in Nov 2021.
Where is Pupumall based?
Pupumall is based in China.
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