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E-commerce roll-up startup UpScalio raises $15 Mn from Gulf Islamic Investments, Others

Shortpedia

Content Team
Image Credit: shortpedia

Delhi NCR-based ecommerce roll-up startup UpScalio has raised $15 Mn in a Pre-Series B round led by Gulf Islamic Investments (GII), a UAE-based financial services company. The round also saw participation from Northern Arc and Unity Bank. UpScalio said it plans to utilise the funds to partner with more brands, invest in hiring across its key growth functions and build out other technology and growth capabilities.