ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/geniemode” target=”_blank”>Geniemode, a business-to-business (B2B) cross-border sourcing and ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/supply-chain-startup” target=”_blank”>supply chain startup, has raised $50 million in a Series C funding round led by ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/multiples-alternate-asset-management” target=”_blank”>Multiples Alternate Asset Management.The round, largely a primary fundraise with a small secondary component, also saw participation from data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/panache/panache-people-101/nandan-nilekani/profileshow/80229231.cms”>Nandan Nilekani’s venture capital firm Fundamentum, Paramark Ventures, and existing investor Info Edge Ventures.
“We intend to use this funding mostly for expansion in new geographies and some inorganic expansion that we plan,” ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/tanuj-gangwani” target=”_blank”>Tanuj Gangwani, cofounder of Geniemode told…
