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# Japan's e-commerce chat startup Zeals raises $38.8 million
- URL: https://www.techloy.com/japans-ecommerce-chat-startup-zeals-raises-38-8-million/
- Published: 2022-05-12T08:04:53.000Z
- Updated: 2022-12-08T00:32:11.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: E-commerce, Japan

[Zeals,](https://zeals.co.jp/en/) a business-to-consumer (B-2-C) chat startup has raised $38.8 million in its Series E funding round. The startup claims it raised $27.2 million in equity and $11.6 million in debt funding bringing it to $41.4 million in total raised funds. 

- The raised funds will be used to develop new products, diversify market channels and enter into international markets, the company claims.
- Zeals is an e-commerce chat platform that allows businesses to communicate with their buyers through social apps like WhatsApp and Facebook Messenger among others.
- The startup claims it has had a 139% increase in revenue since 2017 and currently serves over 400 businesses including Toyota dealerships, Shieido and NTT Docomo.
- The funding round was led by JIC Venture Growth Investments, Z Venture Capital, Japan Post Capital and Salesforce Ventures.