GlobalBees, a startup based in New Delhi, recently received $110M in a Series B funding round led by Premji Invest with participation from Steadview Capital, SoftBank and FirstCry. The nine-month old startup currently partners and invests in direct-to-consumer brands in India, capitalizing on the pandemic-driven shift to eCommerce. The India Brand Equity Foundation predicts India’s eCommerce market will grow to $111.4 billion in 2025.
Nine-month-old startup becomes latest India Unicorn After $110 Million funding led by Premji Invest