Glamplus, a SaaS enabled marketplace startup, has raised $700k in a pre-Series A round led by Blume Ventures and Ramakant Sharma (COO- Livspace). Existing backer IPV has also joined the round.
Glamplus will use the funds 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 per month by March 2022, said the company in a press release.
Co-founded by Divyanshu Singh, Rohan and Vatsalya, Glamplus is a SaaS enabled curated B2B marketplace which helps and enables large, medium & small salons/spas to adopt technology and grow their businesses digitally.
The Bengaluru-based startup claims to have scaled to 4000 paying partners in less than 8 months across 6 cities- Bengaluru, Delhi, Kolkata, Ahmedabad, Nagpur and Pune. Additionally, It has grown from a team of 3 individuals to over 40 members in less than 6 months.