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Social Commerce Startup Gobillion Nets $2.9 Million Funding Led By Ycombinator

Social Commerce Startup Gobillion Nets $2.9 Million Funding Led By Ycombinator

12/22/21, 4:56 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svgmumbai
Money raised
$2.9 million
Round Type
seed
Mumbai: Social commerce startup Gobillion has raised $2.9 million in seed funding round led by YCombinator, Tinder founder Justin Mateen, Pioneer Fund and others, the company said.

Company Info

Company
Gobillion
Location
mumbai, maharashtra, india
Additional Info
Social commerce startup Gobillion has raised $2.9 million in seed funding round led by YCombinator, Tinder founder Justin Mateen, Pioneer Fund and others, the company said. The company will use the funds to ramp up its business expansion plans, launch more categories, and strengthen its operations, product development, and technology teams. “The company aims to build extensive social and gamified e-commerce experience that can best cater to the needs and aspirations of customers in small towns in India and South-East Asia,” it said in a release. The company is targeting the next 400 million customers living in tier II cities in India. , Gobillion enables customers to buy together in social groups and unlock deals.