Woovly plans to raise $10 million
The Hindu
Woovly, a social commerce platform said it has initiated talks with investors to raise $10 million as part of their Series-A funding. It said it has already secured a $3.6 million investment, particip
Woovly, a social commerce platform said it has initiated talks with investors to raise $10 million as part of their Series-A funding.
It said it has already secured a $3.6 million investment, participated by Anthill Ventures, ViNners and Sana Ventures amongst others.
Venkat J., CEO & Co-Founder, Woovly said, “Since the start of the social commerce platform our community has seen 400% growth year-on-year. This has resulted in $2 million ARR (Accounting Rate of Return) within six months of our commerce launch and is growing at 30% month-on-month.”
Everyone talks about the Airport Metro, but one look at the pillars and completion seems nowhere in sight. Meanwhile, a faster, cheaper, roomier alternative called the Suburban Rail Airport Corridor is finally getting off the drawing board. This dedicated corridor with its specialised coaches will link the airport to vast stretches of Bengaluru, where the metro connection is still years away.