Amount Raised
$6 Million
Round Type
Funding Round
MumbaiE CommerceDescription
Live commerce platform Peepul Tree on Wednesday said it has raised USD 6 million, about Rs 49 crore, in an investment round led by Elevar Equity. The company plans to utilise the fund to onboard content creators, digitise the artisan supply chain and build technology to bring together artisans, content creators and customers on a single platform. "We are thankful to Elevar Equity for believing in our vision and joining our journey to become the largest storytelling and shopping marketplace for authentic, hand-made, well-designed products from the very best artisans in India, offering both experience and connection," Peepul Tree founder Anish Williams said in a statement. Backed by the fundraise, Peepul Tree aims to support 1,00,000 artisans and more than 500 crafts and onboard 1,000 content creators on its platform by the end of 2023
Quick answer
Peepul Tree raised $6 Million in a Funding Round round, dated January 11, 2023. Peepul Tree is based in Mumbai, Maharashtra, India.
- How much did Peepul Tree raise?
- Peepul Tree raised $6 Million in a Funding Round round on January 11, 2023.
- What does Peepul Tree do?
- Peepul Tree strives to become the largest storytelling & shopping marketplace for Indian artisanal products.
- Where is Peepul Tree based and how big is it?
- Peepul Tree is based in Mumbai, Maharashtra, India.
Source: Fundz verified event record.
Who else raised in E Commerce around the same time
Companies in the same sectors as Peepul Tree that raised within 45 days of this round, from Fundz verified event records.
- DE Star raised $700K (Seed) on February 25, 2023.
- Cerebelly raised $7.1M on February 24, 2023.
- Nosto raised $16M (Funding Round) on February 23, 2023.
- Vitally raised $30M (Funding Round) on February 22, 2023.
- Volocopter GmbH raised an undisclosed amount (Series E) on February 21, 2023.
- BestEx Research Group raised $10M on February 21, 2023.
Who to call at Peepul Tree, and when
A new round usually means Peepul Tree is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Peepul Tree raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Peepul Tree, from your own LinkedIn network
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Fundz sees it the moment Peepul Tree raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Peepul Tree raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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