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Village Commerce Startup 1Bridge Raises $2.5 Million Funding

Village Commerce Startup 1Bridge Raises $2.5 Million Funding

09/03/21, 12:21 PM
Money raised
$2.5 million
Round Type
seed
Village-tech enterprise RubanBridge (1Bridge), a last-mile supply chain and distribution network focussed on the villages in rural India on Wednesday announced that it has raised $2.5 million in a fresh round of funding.

Company Info

Company
1 Bridge
Additional Info
The funding will also help strengthen its technology and data platform to make it more convenient for their ‘1Bridge Advisors’ or local micro-entrepreneurs to offer rural outreach and assisted commerce services, the company said in a statement. To date, 1Bridge has onboarded over 10,000 entrepreneurs, fulfilled 35 million transactions for rural consumers, and served 1.5 million village consumers directly, the company said. Launched in May 2016, 1Bridge is a village commerce platform that provides a wide range of aspirational products and digital services at the doorsteps of village consumers.
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