Spare parts marketplace boodmo raises Rs.40-Cr

Gurugram-based automotive spare parts e-commerce platform, boodmo.com has raised INR 40 crore. The new funding will be used by the online marketplace to scale up the business, implement a new warehouse management system, improve delivery speed, and develop the supply side of the marketplace. At present, the company operates three fulfillment centers in Delhi, Bengaluru, and Jaipur. It has over 18 lakh registered customers and about 4,000 orders are placed on the website every day.