E-commerce brands acquirer Powerhouse91 raises funds from FJ Labs, others

Gurugram-based Powerhouse91, which aims to acquire growing e-commerce brands in India, has raised funding from US-based venture capital firm FJ Labs, Maninder Gulati of Oyo and Haresh Chawla, Partner at True North. In June 2020, Powerhouse91 had raised a seed round led by Crossbeam Venture Partners.