LimeRoad, a New Delhi-based website that allows users to create and share collages of ensembles, has announced that it has raised a 30 million dollar series C led by Tiger Global, with participation from Lightspeed Venture Partners, and Matrix Partners India.
All three venture firms are returning investors and took part in LimeRoad's 15 million dollar series B in 2014. Including series A, the company has raised a total of 60 million dollars so far, reported TechCrunch.
The website is the second fashion product discovery site to disclose funding this month. Earlier, Roposo, a website that uses a recommendation engine to show shoppers products that are similar to ones they have already saved on the platform, revealed that it had raised a five million dollar Series A that was also led by Tiger Global.
LimeRoad has more than 1.5 million scrapbooks, containing collages of fashion products, created by users on its platform, the firm said.
