[Funding alert] Video commerce platform SimSim raises $9 M in Series A from Accel and Shunwei Capital

Fantastic Capital, also an early-stage opportunity expenditure business has spent $1.5 million in seed finance from SimSim.

[Funding Warn ] Face-book debuts start-up Expense in India together with Bengaluru-based Meesho
The Registrar of Businesses accessed by YourStory demonstrated both Accel and also Shunwei richesse spent $1.79 million from the startup plus certainly will possess 12.5 per cent stake each in the business, as a portion of their agreement.  Fantastic funds, that spent $7.16 million, also maintains a 13.69 per cent stake from the startup.  Angel traders Sunil Kalra and also Samrath Bedi additionally spent Rs 20 lakh every in SimSim.
Facebook-backed Meesho witnesses 14x increase in earnings in FY19

Before in September, Accel Associates spent Within the Usa and also India-focussed herbal supplements firm 1Balance.   Before this, Accel additionally directed a $ 1million seed financing around while in the US along with Bengaluru-based Spacejoy, '' an e-design start-up presenting inside Design-as-a-Service.
Video-based E-commerce start-up  SimSim has increased $ 6million  at Series A round headed by Accel India along with  Shunwei Richesse (as a Result of Astrend I-v India Expenditure Ltd). 

 Up to now, Meesho has increased $215.2 million in financing.

Delhi-based SimSim, working beneath the parent firm SZS Tech Personal Minimal , is based by Previous Flipkart and Paytm Govt Amit Bagaria, both  and Previous Foodpanda along with McKinsey and Organization Govt Kunal Suri on September 2018.
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(Edited by Su Man Singh)

Initially beginning with just women-centred types and vogue, SimSim now empowers online influencers and opinion leaders to market goods to its own users -- simply by blending articles together with trade.  SimSim is now building a flat e-commerce platform, so remembering that the shopping behavior of end users living past the metros of India.

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