title: Poundit
text: # Poundit
  
  Poundit is a privately held online e-commerce website based in the Philippines. The website was founded by former BlackBerry Philippines manager Kristian Salvo in 2014. It headquartered in Makati, Philippines. The company set up an end-to-end solution for the Philippine market including sales, electronics, gadgets, home appliances, and accessories.
  
  ## Funding
  
  In September 2017, Poundit has received ₱32 million worth of operating budget from the Singapore venture capital Cocoon, which helped it to grow its online business in the Philippines.
  
  