Gizmobaba.com raises $250,000 in pre-Series A Funding Led By LetsVenture

01 July 2019, India:
Gizmobaba.com has raised $250,000 in a Pre-Series A round of funding. The funding round was led by LetsVenture.
Alok Chawla, Co-founder, Gizmobaba.com, said, “We have been growing at 23 percent annually for the last 4 years. With the latest funding, we aim to scale up our online business further and also plan to open franchisee stores in Tier 2 and Tier 3 towns.”
Amit Kumar has joined the team as Chief Financial Officer. He was previously the CFO at Just Buy Live,
an e-distributor that connected shopkeepers with consumer brands and was instrumental in raising a
$30Mn Series A round for the company.
Gizmobaba.com is online crossborder marketplace for curated gadgets and accessories.
(Image – Pexels)
Source: Techstory