LimeRoad Raises USD$15M in Series B Funding

LimeRoad, a Gurgaon, India-based online social discovery platform for women, raised USD$15M in Series B funding.

The round was led by Tiger Global, with participation from existing investors Lightspeed Venture Partners and Matrix Partners India.

The company intends to use the funds to expand operations.

Led by Suchi Mukherjee, Founder and CEO, and Prashant Malik, co-founder & CTO, LimeRoad is a lifestyle discovery platform for women. It operates a social-visual commerce platform to discover, share and shop apparel, accessories including footwear and bags, as well as home and living, from thousands of brands and stores and offers consumers tools to curate and share collections.
The company, which has also launched an Android mobile app, had raised $5m in Series A financing in October 2012 (read here).



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