Jaypore Raises an INR300 Million Series A Round from Aavishkaar (Asia)

Source: The Economic Times  |  Author(s): Biswarup Gooptu

India-based e-commerce platform Jaypore has raised an INR300 million (approximately US$4.4 million) Series A round from South- and Southeast Asia-focused impact fund advisory firm Aavishkaar. The investment will be made in two tranches. Jaypore, which sells products such as apparel and accessories, will use the new capital to scale up its technology infrastructure, build its brand and expand its team.