 "GlobalBees enters unicorn club with $111.5 mn funding led by Premji Invest")
E-commerce roll-up company GlobalBees has secured $111.5 million in series B funding led by Premji Invest that valued the company at $1.1 billion. The round also saw participation from existing investors including SoftBank and FirstCry, while Steadview Capital became the latest investor to back the company.
The company plans to use the proceeds to further strengthen its product portfolio and expedite its efforts towards product innovation, customer experience, hiring talent and scaling companies. The company is now over 100 people strong. It is in advanced talks with more than 20 brands to strengthen its portfolio of acquisitions.
GlobalBees was founded
