Social Commerce Platform Glowroad gets 10 Million USD fund from a Firm in a Series B Funding Round
It has been great news for one of the popular social commerce platform in India called Glowroad, a reselling business network runs in a mobile application format that offers the users to earn money from the reselling business.
Glowroad co-founded by Kunal Sinha now as a chief executive officer of the company. The company Glowroad has been founded in the year 2017. It is to be believed that Glowroad looking forward to increasing its number of employees from 100 to 250.
During the very short time, the company get humongous growth and many resellers especially ladies are getting huge benefits in terms of earn money selling products with the help of the glowroad platform.
Glowroad stands top when compared to its competitors Meesho, Shop101 and few more reselling network platforms in India.
Glowroad has raised the fund $10 million at the Series B funding round organized by CDH Investments one of the major asset management companies located in Beijing, China.
With the help of funds, it seems the CEO would like to spend more on marketing and also to improve its user interface in order to gain more resellers. According to sources, approximately 15,000 transactions are made every day in Glowroad app and the team would work towards expanding the transactions from 15,000 to 1,00,000 soon.
Many congratulations Glowroad to achieve more and more success and help resellers out in different ways (improving user interface and more) with the fund to let your resellers earn money from the glowroad mobile app.
I wish the post readers to download glowroad and try working on it to earn money from reselling business. It's not at all complicated to take off.