Mumbai Based Jewellery Marketplace Joolz Raises $493K.
Joolz, a Mumbai-based jewellery community and the marketplace has raised $493K (INR 3.3 Cr) in a Pre-Series A round of funding from Ah! Ventures and others.
Jewellery marketplace Joolz raises Rs 3.3 crore in pre-Series-A round.
NEW DELHI: Mumbai-based jewellery-focused community marketplace Joolz has raised Rs 3.3 crore (about $500,000) in a pre-Series-A round led by two prominent early-stage venture capital firms, Silicon Valley-based Powerhouse Ventures and Japan’s M&S Partners.
Alibaba does not dominate China, JD.com poses real threat to the e-commerce giant.
Alibaba is China’s Amazon, correct? That’s the narrative we’ve been reading for years. Too bad it is wrong. Unlike the US market, in which small e-commerce companies are forced to find a niche in a world dominated by Amazon, China’s Jingdong Mall (JD.com) not only competes directly with Alibaba but, by certain metrics, has surpassed […]