GlowRoad Acquired
Social commerce reselling platform that connects manufacturers and suppliers with resellers (largely women, homemakers) who sell products through WhatsApp, Facebook groups, and their own online storefronts using a drop-shipping model.
GlowRoad: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 2 Nov 2020 | Venture Round | $7 Mn | Accel IND Fund Vertex Ventures | source |
| 29 May 2019 | Series B+ | $11.5 Mn | Korea Investment Partners Vertex Ventures | source |
| 9 Apr 2019 | Series B | $10 Mn | CDH Investments Accel | source |
| 13 Sep 2017 | Series A | $2 Mn | Accel | source |
Acquisitions
News on GlowRoad
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Who founded GlowRoad?
GlowRoad was founded by Sonal Verma, Kunal Sinha, Nitesh Pant, Shekhar Sahu, Nilesh Padariya in 2017.
How much funding has GlowRoad raised?
GlowRoad has raised $30.5 Mn across 4 tracked funding round(s), most recently on 2020-11-02. Figures are compiled from cited public sources.
Who are the investors in GlowRoad?
Investors in GlowRoad include Accel, IND Fund, Vertex Ventures, Korea Investment Partners, CDH Investments.
What does GlowRoad do?
Social commerce reselling platform that connects manufacturers and suppliers with resellers (largely women, homemakers) who sell products through WhatsApp, Facebook groups, and their own online storefronts using a drop-shipping model.
Where is GlowRoad headquartered?
GlowRoad is headquartered in Bengaluru, Karnataka, India.
What is GlowRoad's business model?
GlowRoad's core value proposition centers on Zero-investment home business for resellers, Low-overhead drop-shipping model.
How does GlowRoad make money?
GlowRoad's cited revenue streams include Monthly supplier/manufacturer fee.