Stellaris, Unilever Venture, Kalaari Capital, VY Capital are investing in Shop101
Shop101 is issuing 1,66,812 preference shares to investors
The social commerce startup competes with Meesho and others
Social ecommerce startup Shop101 is raising INR 28.69 Cr in its ongoing Series C funding round from Stellaris Venture Partners India, Unilever Venture Holdings, Kalaari Capital Partners, and VY Capital Holdings Limited.
According to the ministry of corporate affairs (MCA) filings accessed by Inc42, Shop101 is raising INR 13.67 Cr from VY Capital, INR 9.1 Cr from Unilever Venture, INR 4.5 Cr from Kalaari Capital, and 1.36 Cr from Stellaris Venture Partners India.