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With $1 Bn Fundraise, US-Based Thrasio Eyes Indian Market

Shortpedia

Content Team
Image Credit: thebalance

Earlier this month, it was speculated that US-based Thrasio may enter the Indian market with its first local acquisition. The decacorn that pioneered the concept of acquiring small brands and collaborating with them to scale, had earmarked $500 Mn for acquisitions in India. Thrasio is starting with an investment in Delhi NCR-based home appliances startup Lifelong Online.