Online auto spare parts marketplace boodmo.com on Monday said it has raised Rs 10 crore in fresh funding from its existing undisclosed investor.
The latest funding has raised the organisation's share capital from Rs 35 crore to Rs 45 crore, the company said in a statement.
Earlier this year in May, boodmo.com had raised Rs 8 crore from an undisclosed investor.
Commenting upon the freshly raised capital, Oleksandr Danylenko, Managing Director and Co-Founder, boodmo.com, said, These funds will be used to accelerate our growth and help us launch our operations in Maharashtra with a sorting hub in Mumbai."
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