Angel Investments
B2B online jewellery marketplace ‘Sarafa Bazar India' raises seed funding
Sarafa Bazar India, a B2B app designed to help jewellers network and grow business online, has raised seed funding at an enterprise valuation of INR 8 crore from a group of angel investors including jewellery manufacturers and wholesalers from Mumbai and Meerut, mostly users of the marketplace. Sarafa Bazar India would use the funds to scale up its operations. Sarafa Bazar India provides an online platform for jewellery manufacturers, wholesalers, traders and retailers to connect with one another. The app claims to have a network of over 35,000+ jewellers and boasts over 40,000+ designs accessible to small retailers free of charge.
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