{"id":13173,"date":"2022-01-04T16:26:56","date_gmt":"2022-01-04T10:56:56","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-geniemode-funding\/"},"modified":"2022-01-04T17:16:53","modified_gmt":"2022-01-04T11:46:53","slug":"biz-geniemode-funding","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-geniemode-funding\/","title":{"rendered":"Geniemode raises USD 7 million from Info Edge Ventures"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3574141\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>New Delhi, Jan 4 (PTI) The global B2B cross-border e-commerce company Geniemode has raised USD 7 million (about Rs 52 crore) led by Info Edge Ventures.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1262832880\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>This fresh funding comes within four months of its USD 2.25 million seed round.<\/p>\n<p>The new infusion of capital will be utilised to scale the company&#8217;s tech platform, expand geographically, increase its design capability and expand buyers and vendors base on the platform, the company said in a statement.<\/p>\n<p>The company is a fast growing B2B e-commerce startup, with demand for its products from buyers in the US, LatAm, the UK, EU and Australia.\u00a0 \t&#8220;The buyers range from small independent retailers to large retail chains in these countries. To cater to this demand, the company is working with more than a hundred suppliers from India, Bangladesh, Pakistan and Sri Lanka,&#8221; it added.<\/p><div class=\"trade-content_5\" id=\"trade-1267308909\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>Geniemode has raised USD 7 million in series A funding round from Info Edge Ventures, the statement said.<\/p>\n<p>Talking about the new investment, Amit Sharma, CEO and Co-Founder, Geniemode said, \u201cWe are very excited to have Info Edge Ventures double down on their conviction in us in quick succession.&#8221; \t&#8220;We&#8217;ll utilise the fresh capital to bolster tech and product development, accelerate expansion in existing markets and enter new markets,\u201d he added. PTI MBI  RUJ RUJ<\/p>\n<div class=\"trade-after-content\" id=\"trade-505339578\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, Jan 4 (PTI) The global B2B cross-border e-commerce company Geniemode has raised USD 7 million (about Rs 52 crore) led by Info Edge Ventures. This fresh funding comes within four months of its USD 2.25 million seed round. The new infusion of capital will be utilised to scale the company&#8217;s tech platform, expand [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-13173","post","type-post","status-publish","format-standard","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Geniemode raises USD 7 million from Info Edge Ventures - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-geniemode-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Geniemode raises USD 7 million from Info Edge Ventures\" \/>\n<meta property=\"og:description\" content=\"New Delhi, Jan 4 (PTI) The global B2B cross-border e-commerce company Geniemode has raised USD 7 million (about Rs 52 crore) led by Info Edge Ventures. 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