Social Commerce Platform GlowRoad Raises $10 Mn Led By CDH

Social Commerce Platform GlowRoad Raises $10 Mn Led By CDH

SUMMARY

The funds will be used for growth of the business

The company aims to enable 100K transactions every day

GlowRoad reaches nearly 1.5 Lakh women every month

Bengaluru-based social commerce platform GlowRoad has raised $10 Mn in a Series B round of funding led by China-based CDH Investments with participation from Accel Partners and two other international and Asian funds.

Talking to Inc42, Kunal Sinha, cofounder and CEO of GlowRoad said that the company plans to use the funds for growth which include growing business, marketing, loyalty programmes, technology stack, product development and also strengthen the supply chain.

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