The Series A round led by Info Edge Ventures, which included participation from current investors Incubate Fund Asia and M Venture Partners, saw the e-commerce platform BuyEazzy raise $4.25 million.
According to a press release from BuyEazzy, this most recent round of funding will be crucial to the company’s efforts to expand, develop its workforce, and improve its products.
The startup with its headquarters in Mysore last raised $1 million in August 2022.
With plans to expand to over 40 cities soon, BuyEazzy is currently available in 10 tier II and III cities in Tamil Nadu and Karnataka.
BuyEazzy, which was founded in May 2021 by Rahul Aggarwal and Hariher B, provides a dependable delivery service, a large selection, and competitive pricing for a hassle-free online shopping experience.
In tier II cities and beyond, where access to a broad range of beauty products is restricted, it meets consumers’ unmet needs for wellness and beauty.
