Bengaluru-based B2B ecommerce platform Udaan raises $585 mln led by Tencent, Altimeter, Footpath Ventures, Hillhouse, GGV Capital, and Citi Ventures Udaan, the Bengaluru-based B2B ecommerce platform has raised funding of $585 million led by Tencent, Altimeter, Footpath Ventures, Hillhouse, GGV Capital, and Citi Ventures.
India’s Medikabazaar in talks to raise $28m from Japan’s Mitsui, others Medikabazaar, an online business-to-business (B2B) platform for medical equipment and supplies, is in talks to raise ₹200 crore from a clutch of venture capital investors in Japan, Belgium and Germany, according to a top company executive.
Vipshop Launched Its Specific Warehouse for Brand Inventory Distribution Business Vipshop, one of the most popular E-commerce platform in today’s China, recently announced its launch of a professional wholesale platform - Vipshop warehouse. According to the introduction, the warehouse is designed to serve the general purchasing and wholesale groups, with the help of WeChat social platform to quickly check the brand inventory. Previously, Vipshop focused on B2C mode, and now the launch of this warehouse means that Vipshop will start its B2B age.