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Arzooo Raises $70 Million To Bring ‘Best Of E-Commerce’ To Physical Stores In India

Jun 29, 2022about 3 years ago

Amount Raised

$70 Million

Description

Arzooo, an Indian startup that is attempting to bring the “best of e-commerce” to physical retail shops, has raised $70 million in a new financing round as it looks to scale its platform to more cities.

Company Information

Company

Arzooo

About

The four-year-old startup also provides these businesses with working capital, giving them up to $25,300 in revolving credit. The startup, which currently operates in consumer durables and electronics category and provides stores with access to over 10,000 different products, says it works with over 30,000 retail stores in India.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech