19 July 2021
Thrasio-style investment venture GlobalBees has raised $150 million in a mix of equity and debt, the company said on Monday. This is one of the largest Series A rounds raised by an Indian startup. The round was led by FirstCry. Lightspeed Venture Partners, Premji Invest, Chiratae Ventures, SoftBank and Chrys Capital also participated in the round. As part of the transaction, Vikas Agnihotri of SoftBank, Harsha Kumar of Lightspeed, Atul Gupta of Premji Invest, Sudhir Sethi of Chiratae Ventures and Kshitij Sheth of Chrys Capital will join the GlobalBees board.
Thrasio-style investment venture GlobalBees has raised $150 million in a mix of equity and debt, the company said on Monday. This is one of the largest Series A rounds raised by an Indian startup. The round was led by FirstCry. Lightspeed Venture Partners, Premji Invest, Chiratae Ventures, SoftBank and Chrys Capital also participated in the round. As part of the transaction, Vikas Agnihotri of SoftBank, Harsha Kumar of Lightspeed, Atul Gupta of Premji Invest, Sudhir Sethi of Chiratae Ventures and Kshitij Sheth of Chrys Capital will join the GlobalBees board.
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