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.