Trade-enablement startup Xindus raises $10 million funding from 3one4 Capital, others

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Xindus, a full-stack, cross-border trade-enablement startup for small and medium enterprises (SMEs), has closed a $10 million funding round led by early-stage venture firm 3one4 Capital, and followed by Orios Venture Partners.

The round also saw participation by existing investors Shastra VC and Caret Capital.

The funds will be used to scale up operations, widen the company’s customer base, and boost its gross merchandise value to $200 million.

“Over the next 12 months, we will continue to grow our customer base from the current 1,000 to 10,000. We…



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Trade-enablement startup Xindus raises $10 million funding from 3one4 Capital, others


Xindus, a full-stack, cross-border trade-enablement startup for small and medium enterprises (SMEs), has closed a $10 million funding round led by early-stage venture firm 3one4 Capital, and followed by Orios Venture Partners.

The round also saw participation by existing investors Shastra VC and Caret Capital.

The funds will be used to scale up operations, widen the company’s customer base, and boost its gross merchandise value to $200 million.

“Over the next 12 months, we will continue to grow our customer base from the current 1,000 to 10,000. We…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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