Gurgaon based e-commerce major Limeroad has raised $ 30 million in series C funding from existing investors led by Tiger Global. Matrix Partners and Lightspeed Venture Partners were the other investors who participated in the funding round. After the latest round of funding, the company has raised a total of $50 million in funding till now.
Suchi Mukherjee along with Ankush Mehra, co-Founder & VP Supply Chain Operations and Prashant Malik, co-Founder & CTO joined hands to start LimeRoad in 2012.
LimeRoad is a fun and exciting way to discover, share and shop. A technology heavy social- commerce platform targeted at the intelligent woman of today, it has an incredible width of carefully selected retailers, enabling customers to discover the best of lifestyle products across categories like apparel, accessories, home and non-perishable food. South-East Asia is the world’s manufacturing hub for lifestyle products. LimeRoad’s mission is to build the most extensive discovery platform for lifestyle products in South-East Asia.
The company has said that the online community has raised 1.5 million style statements as “scrapbooks” last month alone, with per day postings reaching 100,000+, achieving 100 times growth in less than 1 year.
