Big Shoe Bazaar India Pvt Ltd., a New Delhi, India-based online wholesale cash and carry company, has raised INR 100 Cr in Series C funding (approximately $20m).
The round was led by Fidelity Growth Partners India and Qualcomm Ventures the venture capital investment arm of Qualcomm, Inc., with participation from existing investors Nexus Venture Partners and Catamaran.
The company intends to use the capital to expand oprations.
Led by Manmohan Agarwal, CEO, Big Shoe Bazaar supplies shoes, apparels, lifestyle accessories, jewellery, mobiles, electronics, kitchenware and homeware across a variety of brands from wholesalers to smaller retailers through an online catalogue. It is also the brand owner & licensor of Yebhi.com, an Indian mass market ecommerce site that has established associations with over 400 prominent brands including Tommy Hilfiger, Calvin Klein, Puma, Reebok, Aiva, 5th Avenue, Rockport, Woodland, Florsheim, Adidas, Benetton, GAS, Flying Machine, Levi’s, S.Oliver, Colorplus, Fastrack, Titan, Timex, Calvino, Guess, Victoria’s Secret, Private Structure, B’witch, Enamor, Bajaj, Philips, Rosebys, Welspun, and Karigari, among others.
FinSMEs
10/07/2012