Lal10, a New Delhi, India-based B2B platform for artisans and creative manufacturing enterprises, raised $5.5M in Series A Bridge funding.
Beyond Capital Ventures is leading the round.
The company intends to use the funds for continuous growth and expansion into international markets.
Founded in 2017 by Maneet Gohil, Sanchit Govil, and Albin Jose, Lal10 is a B2B platform for wholesale sourcing of one-of-a-kind artisan products. It enables creative manufacturing micro, small, and medium enterprises (MSMEs) to digitize, manage and sell their inventories for cross-border wholesale, primarily to B2B customers in domestic and international markets, including Amazon, Zara, Toast, Big Bazaar, Ancestry and Pepperfry.
The company has enabled sourcing for over 400 global retail brands by connecting them to manufacturers, comprising 2200 MSMEs. Lal10 continues to grow brand partnerships as the company works with new MSMEs to expand its catalog of over 45,000 artisan products and target new markets in the United States, EU, Japan, and the Middle East.
FinSMEs
20/08/2022