Gizmobaba has raised an investment of $250,000 in a pre-Series A funding round from LetsVenture. The Mumbai-based gadgets and accessories startup plans to deploy towards expanding its online business and will open franchise stores in Tier II and III cities very soon.
The startup claims to have completed 2,50,000 transactions since inception and currently clocks a GMV of Rs 1 crore on monthly basis. (Source)
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