Online commerce platform Bulbul raised $6.3mn from Info Edge VC fund
Info Edge invests around $6.3 mn in online commerce platform Bulbul, will invest through its debut venture fund, IE Venture Fund I
Post the deal it will hold 17.82% stake in Bulbul, Its a part of a larger funding round where Bulbul is raising a total of $8.7 million. The remaining money is coming from existing investors, Info Edge said, without giving any details.
Bulbul started July last year, is a video & live streaming-led commerce platform that seeks to help online shoppers discover new products. It had revenue of Rs 4.5cr for 2019-20