ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/xindus” target=”_blank”>Xindus, a full-stack, cross-border ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/trade-enablement-startup” target=”_blank”>trade-enablement startup for small and medium enterprises ( ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/smes” target=”_blank”>SMEs), has closed a $10 million funding round led by early-stage venture firm ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/3one4-capital” target=”_blank”>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…
