E-commerce platform, ShopG, has raised $1.5 million in a seed round from Orios Venture Partners and RPSG Ventures. The funds will be used for expanding the community leader network in Tier III and IV cities, scaling technology, building a supply of small regional brands and creating a suite of D2C branded products, the company said…
Tag: e-commerce startup
Gurugram-based Citymall raises $3 mn funding led by Elevation Capital
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•CityMall, a social e-commerce startup that sells lifestyle and curated products via peer-to-peer referrals on WhatsApp, has raised $3 million in funding led by Elevation Capital, according to ET report. Other investors that participated in the funding round include Waterbridge Ventures, and Arun Tadanki’s private syndicate on LetsVenture. Founded in 2019 by Angad Kikla, Divij…
Scalefast raises $22mn in Series B funding round
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•Los Angeles-based digital commerce solution provider, Scalefast recently announced that it has raised $22mn in Series B funding round. The company plans to use this funding to expand its team, footprint and product offering to further support existing and new customers. The funding round saw participation from Xplorer Capital, Stereo Capital, FJLabs, as well as…