The company said it will utilise the funds to upgrade its technology platform, launch new product categories as it aims to enhance its market penetration across India. Its revenues have grown by 10 times in the last year and is currently registering an annualised run rate of Rs 60 crore, the company said. YantraLive, a B2B platform for heavy equipment and parts, on Thursday said it has raised $1 million (over Rs 7 crore) in a seed round from GrowthStory and other angel investors, including Bigbasket co-founder Vipul Parekh. YantraLive said its existing investors also participated in the funding round.