BulBul raises $8.7 Mn SeriesA round led by Info Edge
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Social commerce startup BulBul has raised $8.7 million in a round led by Info Edge. While Info Edge invested around $6.63 million, the remaining sum poured in by the existing investors that include Sequoia and Leo Capital. Info Edge has entered an agreement to acquire 17.82% stake on a fully diluted basis, shows a stock exchange filing by the Noida-based public company. The investment will be executed via IE Venture Fund I.