Supply Chain Management Startup Increff Raises $3 Mn From Binny Bansal, 021 Capital
17 April 2019 3:57 AM GMT
The funds will be used by Increff to expand its customer pipeline, product enhancement and also foray into international markets.
- Increff has raised $3 Mn (INR 20.8 Cr) from Flipkart cofounder Binny Bansal and venture capital company 021 Capital.
- The company also said that this funding will help it further capitalise on its position as a business partner to fashion and lifestyle brands and retailers and deliver a sustainable increase in sales and inventory efficiency, in this category.
- Binny Bansal-backed 021 Capital is also looking to up its investment game as the Indian startup ecosystem continues to evolve.
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