Announced
Completed
Financials
Sources
Tags
India
Private Equity
Minority
E-commerce
Acquisition
Cross Border
Private
Venture Capital
Friendly
e-commerce
Completed
Synopsis
Premji Invest, a venture capital firm, led a $110m Series B funding round in GlobalBees, an operator of an e-commerce and retail brand. Additional investors include Steadview Capital, Lightspeed, SoftBank and FirstCry. GlobalBees acquires and partners with digitally native brands across categories such as beauty, personal care, home and kitchen, food and nutrition, and sports and lifestyle. GlobalBees was looking to acquire up to three dozen brands.
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