Bengaluru-Based B2B Retail Tech Platform Arzooo Raises $6 Million From Trifecta Capital
Arzooo, a Bengaluru-based B2B retail tech platform, has raised $6 million from Trifecta Capital.
Arzooo will leverage the fresh funds for market expansion and scaling its logistics and operational capabilities, as per the press statement.
The startup also plans to ramp up its supply chain infrastructure with technology and operational capabilities to improve the speed of delivery, service experience, operational efficiency and increase its reach across the country to serve over 50,000 retail stores.[Read: How Tech Revolution Has Affected The B2B Market]
B2B Retail Tech Platform Arzooo
Founded in 2018 by former Flipkart colleagues and IIT-Kharagpur alumni Khushnud Khan and Rishi Raj Rathore, Arzooo.com is a Retail Tech company that is committed to integrate over 3,00,000 fragmented retail stores and enable them to compete and grow with its retail tech platform, Arzooo Go Store.
The startup is disrupting the offline retail space by empowering offline stores to compete effectively with larger eCommerce websites.
Speaking on the investment, Khushnud Khan, CEO and Co-founder of Arzooo.com, said,
“Our growth trajectory has been phenomenal, and this capital will be used to fuel the same with the network expansion and scaling up our supply chain capabilities to deliver better services to our partner stores.”
Presently operational across the south, north, and east India, the B2B startup claims to have witnessed strong growth through the COVID-19 pandemic and aims to hit a sales run rate of $500 million this year.
Arzooo plans to scale its operations in Mumbai, the rest of Maharashtra, and Gujrat soon.
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