E-commerce platform BuyEazzy raises $4.25 million in Series A funding round
E-commerce platform BuyEazzy has successfully raised $4.25 million in its Series A funding round, with Info Edge Ventures leading the investment. Existing investors Incubate Fund Asia and M Venture Partners also participated in this funding round.
According to a press release from BuyEazzy, this latest funding will play a crucial role in supporting the company’s expansion, team building, and product enhancement efforts. The startup, based in Mysore, had previously raised $1 million in August 2022.
Currently operational in 10 tier II and III cities in Karnataka and Tamil Nadu, BuyEazzy has ambitious plans to expand its reach to over 40 cities in the near future.
Founded in May 2021 by Rahul Aggarwal and Hariher B, BuyEazzy aims to provide a convenient online shopping experience with a wide range of products, competitive prices, and reliable delivery. The platform focuses on addressing the unfulfilled beauty and wellness needs of consumers in tier II and beyond cities, where access to a diverse range of beauty products is limited.