Korean fashion platform Musinsa bags $190M Series C led by KKR at a $2.7B valuation

Musinsa, a Seoul-based fashion marketplace, said Wednesday it has raised a $190 million round of Series C funding led by KKR, with participation from Wellington Management. 
The new capital put Musinsa’s valuation at approximately $2.76 billion (more than 3 trillion won), per sources familiar with the situation. The Korean fashion e-commerce startup declined to provide an exact valuation figure but confirmed to TechCrunch it’s more than 3 trillion won. The post-money valuation increased from its previous $2 billion (2.5 trillion won) in 2021 when the startup picked up a $115 million Series B r

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