Arzooo.com
Arzooo.com is a technology company.
Financial History
Arzooo.com has raised $78.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has Arzooo.com raised?
Arzooo.com has raised $78.0M in total across 2 funding rounds.
Arzooo.com is a technology company.
Arzooo.com has raised $78.0M across 2 funding rounds.
Arzooo.com has raised $78.0M in total across 2 funding rounds.
Arzooo.com has raised $78.0M in total across 2 funding rounds.
Arzooo.com's investors include Angel Labs, AV8 Ventures, Global Ventures, Galaxy Digital, Polychain Capital, Presence Capital, Brock Pierce.
Arzooo is a B2B retail technology platform that empowers small and medium-sized electronics retailers in India to compete with e-commerce giants by providing access to inventory, procurement, credit, and logistics without traditional barriers.[1][2][3] It serves neighborhood stores in the $23 billion consumer durables and electronics market, solving challenges like scale, inventory management, and working capital through its tech-enabled supply chain and "Zonal Inventory" system, which allows retailers to list products from a vast network without holding stock.[1][3][4] The company powers over 50,000 stores with 20,000+ products, up to ₹20 lakhs in credit, and has raised $84.72M before its acquisition by Moksha Group in November 2024, demonstrating strong growth momentum in digitalizing fragmented offline retail.[2][5][6]
Arzooo was founded in 2016 in Bengaluru, India, by Khushnud Khan and Rishi Raj Rathore, who met while scaling Flipkart's home appliances category and recognized the potential to bring internet-powered tools to India's unorganized retail sector, which dominates electronics sales.[2][4] Khan's experience at Flipkart fueled the idea of transforming offline retailers with technology, leading to Arzooo's launch as a revolutionary B2B platform.[4] Early traction came quickly; within four years, it onboarded over 50,000 retailers, built a network of 35 hubs and warehouses via Arzooo Express for speedy delivery, and secured partnerships with banks like HDFC and ICICI for embedded finance through Arzooo Credit.[4][5] Funding milestones included a $7.5M Series A and $70M Series B, used to enhance tech and boost retailer margins by 15-20%.[4][6]
Arzooo rides the wave of India's retail digitalization, targeting the fragmented $65 billion electronics market where offline stores hold dominance but struggle against e-commerce like Amazon.[2][4] Its timing aligns with rising smartphone penetration, UPI adoption, and demand for omni-channel retail in emerging markets, empowering 50,000+ SMBs to access 20,000+ SKUs and AI-driven tools amid post-pandemic supply chain shifts.[1][3][5] Market forces like organized retail growth (aiming for 20% share) and investor interest in B2B tech favor Arzooo, as it democratizes inventory and credit, influences ecosystem partners (suppliers, brands, financiers), and sets a blueprint for tech-led transformation of unorganized sectors.[1][4][6]
Post-acquisition by Moksha Group in November 2024, Arzooo is poised to accelerate as Moksha Retails Global Private Limited, scaling its platform toward the vision of becoming India's largest omni-channel player in consumer durables.[2][3] Trends like AI-enhanced retail, pan-India logistics expansion (e.g., Quick Retail), and embedded finance will shape its path, potentially capturing targeted 20% market share while deepening brand partnerships.[3][4] Its influence may evolve by further bridging offline-online gaps, fostering a robust retailer ecosystem, and sustaining momentum from $209M revenue trajectory—reinforcing its role as a pioneer in empowering physical retail against digital giants.[3][6]
Arzooo.com has raised $78.0M across 2 funding rounds. Most recently, it raised $70.0M Series B in June 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2022 | $70.0M Series B | Angel Labs, AV8 Ventures, Global Ventures | |
| Sep 1, 2020 | $8.0M Series A | Galaxy Digital, Polychain Capital, Presence Capital, Brock Pierce |