India's B2B marketplace startup ReshaMandi raises $15 million in funding

Oluwajuwonlo Afolabi -

ReshaMandi, an India-based marketplace focusing on silk products has raised $15 million in its new funding round backed by Creation Investments, 9Unicorns, Venture Catalysts, Sandeep Singhal, and Stride Ventures among others.

  • The fund will be used to support its expansion and growth plans, the firm claims.
  • ReshaMandi offers crop advisory using Internet of Things (IoT) devices to silk farmers, designs inputs for weavers and connects them to mills and retailers.
  • It last raised $30 million in its Series A funding round in October 2021.