7-month-old Simsim secures $16M for its social commerce in India

7-month-old Simsim secures $16M for its social commerce in India

4 months ago
Anonymous $-riAjkQg_1

https://techcrunch.com/2020/02/13/7-month-old-simsim-secures-16m-for-its-social-commerce-in-india/

Simsim, a social commerce startup in India, said on Friday it has raised $16 million in seven months of its existence as it attempts to replicate the offline retail experience in the digital world with help from influencers.

The Gurgaon-based startup said it raised $16 million across Seed, Series A, and Series B financing rounds from Accel Partners, Shunwei Capital, and Good Capital. (The most recent round, Series B, was of $8 million in size.)