Logo


Yebhi.com plans to raise more funds in 2013

The company has recently raised around Rs 100 crore from Fidelity Growth Partners India, Qualcomm Ventures and Catamaran Ventures

Yebhi.com, a fashion, home and lifestyle e-commerce portal, is eying to raise more funds in 2013 to fund its infrastructure expansion plans. The company has recently raised around Rs 100 crore from Fidelity Growth Partners India, Qualcomm Ventures and Catamaran Ventures. "We have significantly invested in back-end operations that would support our growth plans. We plan to increase our manpower count from 700 at present to around 1000 people over the next few months", said Manmohan Agarwal, chief executive officer of Yebhi.com. He added that the company planned to raise more funds ...