Home / Companies / Start Ups / Glamplus raises $700,000 in pre-series A round from Blume Ventures, others

Glamplus raises $700,000 in pre-series A round from Blume Ventures, others

Funds will be utilised in vertical tech SAAS capabilities along with expansion of B2B marketplace business to scale to 10,000 partners and monthly revenues of Rs 5 crore/month by March

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3 min read Last Updated : Jan 11 2022 | 8:11 PM IST

SaaS-enabled marketplace startup Glamplus has raised $700,000 in a Pre-Series A round from Blume Ventures, Ramakant Sharma (COO- Livspace) and participation from existing investors IPV.

The funds raised will be utilised in vertical tech SAAS capabilities along with expansion of B2B marketplace business to scale to 10,000 partners and monthly revenues of Rs 5crore/month by this March.

Divyanshu Singh, Co-Founder & CEO, Glamplus said, “Salon/Spa beauty industry is highly fragmented despite presence of more than million plus salons in the country. We were clearly determined and destined to solve for this highly undeserved SMB market and creating moat around it by going

Topics : SaaS Startup funding

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