VC Fund Investments
E-commerce brands acquirer Powerhouse91 gets funding from Crossbeam
Gurugram-based Powerhouse91, a tech-driven startup focused on acquiring and growing e-commerce brands in India, has raised funding from US-based venture capital firm Crossbeam Venture Partners, which has backed similar players in the US market. Launched in early 2021 by serial entrepreneurs Shashwat Diesh and Aqib Mohammed, Powerhouse91 identifies high-potential consumer brands, acquires and scales them through growth capital, shared resources, and deep e-commerce-focused optimisations.
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