Funding

GlowRoad Secured $2 million in series-A Funding from Accel Partners

GlowRoad is India's largest reseller network and operating in the C2C business domain.

GlowRoad-funding

GlowRoad, India’s largest reseller network and operating in the C2C business domain secured $2 million in series-A from Accel Partner.

GlowRoad is building a network of thousands of women who can sell products from suppliers within their apartment complex and residential colonies.

Earlier known as LocalQueen.com, was run by group of IITians and IIM grads before being acqui-hired two month back by Dr Sonal Verma who renamed it as GlowRoad.com.

Currently, GlowRoad.com has 1,00,000 registered members, out of which 36,000 are active women resellers.

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“India has a large percentage of women who want flexibility and aspire to be self-employed. On the supply side, we lack organised efficient distribution platforms that can tap this very unique cost-effective network,“ said Prashanth Praskash, partner at Accel India.

GlowRoad empowers women by helping them earn from home in a secure system with zero investment, while manufacturers and suppliers get a national sales network virtually free.

Vist website: Glowroad.com

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