In a Series A round, e-commerce startup BuyEazzy raised USD 4.25 million in funding. Investors include Pg investors Incubate Fund Asia and M Venture Partners participated in this investment round, which was headed by Info Edge Ventures.
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The funding will be used to bring BuyEazzy to more than 40 cities, enroll two million offline consumers, and carry on upending Bharat’s conventional supply chain.
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“The next wave of growth in India will be driven by users from a highly dispersed continuum of large and small towns in Bharat. We have an ambition to take e-commerce to the most remote corners of India and empower these users to realize the true potential of technology and act as a catalyst in driving the consumption-led growth story of India,” shares Rahul Aggarwal, Co-founder & CEO, BuyEazzy.
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“By disrupting the supply chain, we are building a unique win-win ecosystem, where manufacturers/ brands get access to remote markets and online distribution, neighborhood stores can grow their current income by 40-50% and offline users get access to wider assortment, best prices and convenience of online shopping,” shares Hariher B, Co-founder & COO, BuyEazzy.
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About BuyEazzy
Founded by Gold Medalist Chartered Accountant, Rahul Aggarwal and INSEAD alumni, Hariher Balasubramanian in 2021, BuyEazzy is transforming Millions of neighborhood micro-preneurs across Bharat to become multi-preneurs, to diversify and monetize their loyal customer base without any additional investment, inventory and risk.
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BuyEazzy is building online Beauty Destination for Bharat, through trusted neighborhood micro-preneurs. BuyEazzy is on a mission to onboard 300 Mn+ offline users from Tier2/+ cities and towns in India onto online shopping and enable them to experience the power of Digital Democratized commerce.
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