VC Fund Investments
B2B marketplace Yarn Bazaar raises Rs.15-Cr from Equanimity, others
The Yarn Bazaar, a Bengaluru-based B2B (business-to-business) managed marketplace, has raised INR 15 crore in a pre-Series A round led by the Rajiv Dadlani Group and Equanimity Ventures. The round has also saw participation from the family offices of Arihant Patni, Ekta Kapoor of Balaji Films, Ritesh Malik of Innov8, Aakrit Vaish of Haptik, Sumeet Srivastava of Spocto. Cred's Miten Sampat, textile industry veterans Anil Mansingka and Dr Amit Lath, Sharda Group of Companies, Nikunj Bagdia of Ken Enterprises and Vineet Garg of Shri Ram Sarup Garg Cotton Mills also participated in the round. The fresh capital will be used to hire senior leadership team, expand operations, and strengthen existing inbound pipeline. Founded in 2019 by Pratik Gadia, The Yarn Bazaar claims to empower yarn sellers to access real-time yarn prices, and crucial market trends helping them expand their market reach, boost sales, and achieve higher margins.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
