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India-based retail tech firm Arzooo nets $6m from Trifecta Capital
Arzooo, a retail tech firm based in India, has raised US$6 million in its latest round of funding, according to a statement by the company.
More funding details
- Lead investor: Trifecta Capital
- Stage: Series A follow-up
More company updates
- Funds raised from the round will be used to expand in other and to scale logistics and operational capabilities.
- Arzooo is also looking to ramp up its supply chain infrastructure to reach over 50,000 retail stores across India.
- The startup said it’s aiming to hit US$500 million in sales run rate this year, bolstered by growth during the pandemic.
For more coverage about the company, head here. You can also click on the link below to view the company’s key details and funding history.
Editing by Collin Furtado and Eileen C. Ang
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