Cbazaar.com, a platform offering Indian Ethnic Wear to the Indian diaspora across the world, raised a Series B funding round of undisclosed amount.
The round was led by Forum Synergies with participation from existing investors Inventus Capital Partners and Ojas Partners. In conjunction with the funding, Forum Synergies Co-founder and Managing Director, Hemchandra Javeri, will join the board of Cbazaar.com.
The company intends to use the funds to enhance its supply chain, build brand equity across markets, invest in marketing to expand its large customer base and to invest in technology. It aims to strengthen its presence in the core markets of the USA and UK, and to accelerate growth in other potential markets.
Co-founded by Rajesh Nahar & Ritesh Katariya, Cbazaar is an online platform for in-trend bollywood fashion dresses for parties, festivals, etc. offering Cbazaar offers a myriad of Indian Ethnic Wear for men, women and kids across 132 countries.