Angel Investments

Marketplace for premium salons Luzo raises $250-K led by 100X.VC

BusinessWorld  

Luzo, a Mumbai-based curated marketplace for premium salons, spas, and beauty clinics, has raised USD 250,000 in a pre-seed round led by 100X.VC. Yash Kotak (Founder of Jumper.ai) and Kabir Kulkarni were among the angel investors who contributed to the investment. The B2B2C firm, which previously received funding from 100X.VC as part of the fund's Class 08 Portfolio, plans to use the fresh capital to bring on board new partners in Mumbai, Delhi, and other cities. Luzo also intends to improve the user experience and streamline operations by harnessing technology via its app, which is available to both clients and salon partners.

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