Funding
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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