Retail tech platform Arzooo raised $6 mn from Trifecta Capital
B2B retail tech firm Arzooo raised $6 mn from Trifecta Capital, will leverage the influx for market expansion and scaling its logistics and operational capabilities. Arzooo also plans to ramp up its supply chain infrastructure with technology and operational capabilities to increase its reach across the country to serve over 50,000 retail stores that it plans to work with and improve the speed of delivery, service experience, and operational efficiency.
Khushnud Khan, CEO, Co-founder of Arzooo.com said, “Our growth trajectory has been phenomenal and this capital will be used to fuel the same with the network expansion and scaling up our supply chain capabilities to deliver better services to our partner stores.”
The platform is disrupting the offline retail space by empowering offline stores to compete effectively with larger ecommerce websites. The B2B startup claims to have witnessed strong growth through the COVID-19 pandemic and is aiming to hit a sales run rate of $500 mn this year.