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Digital Marketplace Headsup B2B Has Raised INR 18.89 CR in Investments Led by Harendra Singh Family Office
Published on: Tuesday, Tue, 10 Sep 2024 ● 2 Min Read
HeadsupB2B,abootstrappedventurewithoverINR100croresinlifetimerevenue, hasraisedthisfundingtofuelitsgrowth.Raisedfundswillbedeployedin teamdevelopmentwithafocuson100+seniorandmidlevelhiringsacrossIndia, improvingthetech-enabledfullstackplatforminB2Bspacewhichwillcater fromdiscoverytofulfillmentandfinancinginthenearfuture,exploringnewvertical commerceavenues,andexpandingcross-borderbusiness.HeadsupB2Bisamulti-categoryplatformwithafocusoninfrastructureandgreen energy.Commentingonthedevelopment,FounderSumitKumarsaid,“B2Bspaceoffers untappedpotentialthatisyettobeexploredbywell-fundedcompaniesandthisgivesus aninterestingpropositiontoexploresuchsegments.Further,themarketsizeisgrowing bothhorizontallyandvertically,andwithPMModi&Government’sfocusonbecoming AtmanirbharandVikshitBharat,thedemandwillbehuge.Untilnow,wehavebeenboot-strappedandhaveachievedprofitabilityandrapidgrowthwithoutexternalfunding.But thentherealwayscomesatimewhenyouneedastrongsupportsystemtotakethe effortstothenextlevel,andthankfullywehavegotthebestinourinvestors.Iamvery proudoftheentireHeadsupEcosystem,eachandevery employeewhohasstuckand contributed day and night to reach this day.”
ThisisthemaidenfundraiseforNewDelhi-basedHeadsupB2B,whichaimstogenerate INR150CRinrevenueinthisfinancialyear.