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Arzooo raises $1 Mn pre-Series A round led by Souq parent Jabbar Internet

B2B retail tech startup Arzooo that powers physical retail store to compete against e-commerce marketplaces like Flipkart and Amazon, has raised $1 million in pre-Series A round led by UAE-based Jabbar Internet Group.

Jabbar used to own Middle East-based e-commerce platform Souq.com which was acquired by Amazon in 2017. Arzooo will use the fund to expand its India presence,  product enhancement and fresh recruitment. In May 2018, it had raised Rs 1.5 crore in seed funding round. (Source)

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