Thursday, May 23, 2019

Amazon India gets another $200 Million

Amazon India has got another $200 Million from the parent company to take over the rivals in the Indian market. The transaction was completed in March 2016.

CoutLoot raises funding from Venture Catalysts

CoutLoot, India based online marketplace for pre-owed clothes has raised an undisclosed amount of funding from Venture Catalysts to strengthen the technology and expand the team.

Rebagg raises $8 Million from General Catalyst

Rebagg, the online reselling marketplace for designer handbags, has raised $8 Million in Series A round led by General Catalyst.

Jabong raises additional $20 Million from Global Fashion Group

Jabong, India's eCommerce platform focused on clothing, footwear & accessories has raised an additional $20 Million from the parent company, Global Fashion Group (GFG)

Hopscotch raises $13 Million from Eduardo Saverin

Hopscotch, Indian eCommerce platform focused on baby care and children's products has raised $13 Million from Facebook's Co-Founder Eduardo Saverin.
orami ecommerce_sites

MoxyBilna rebrands as Orami, Raises $15 Million

MoxyBilna, the recently merged eCommerce startup has rebranded itself as Orami and raised $15 million for marketing and expansion.

India based Jaypore raises $4 Million from Aavishkaar

Jaypore, Indian eCommerce portal to sell unique items has raised $4.4 Million from Aavishkaar to build a better platform and to brand the name.

Amazon acquires Emvantage to focus on Indian Payment Market

Amazon has acquired Indian payment solution provider startup, Emvantage for an undisclosed amount to focus on Indian payment market in the time to come.
icustommadeit funding

Icustommadeit bags $4 Million in Pre Series A round

iCustommadeit, an Indian startup offering customised merchandise solutions has raised $4 million pre series A round from Brand Capital, Siddhivinayak Skyscrapers and Dinesh R. Challa

RentSher, Indian online renting platform raises $300K in seed funding

RentSher, Indian startup for online renting services has raised $300K in seed funding from a bunch of investors to focus on product development and increase the product portfolio.