Get the latest tech news
India’s Arzooo, once valued at $310M, sells in distressed deal
Arzooo, an Indian startup founded by former Flipkart executives that sought to bring "best of e-commerce" to physical stores, has sold its assets in
The deal follows Arzooo engaging with several startups, including Bengaluru-headquartered Udaan, for potential merger opportunities, according to people familiar with the matter. Arzooo had raised approximately $90 million from investors including SBI Investment, Trifecta, Tony Xu, and Celesta Capital, and climbed to a peak valuation of $310 million. TechCrunch Space Every Monday, gets you up to speed on the latest advances in aerospace.
Or read this on TechCrunch
