GlobalBees, which raised one of the largest Series A financing rounds in India earlier this year, has entered the unicorn club as the New Delhi-headquartered firm scales its Thrasio-like house of brands.
Premji Invest, the investment firm controlled by Indian tycoon Azim Premji, led the nine-month-old startup’s Series B financing round, the young firm disclosed in a regulatory filing. The round, about $110 million, values GlobalBees at over $1.1 billion, the filing showed.
Steadview Capital, and existing investors SoftBank and FirstCry, also participated in the $110 million equity round. Trifecta Capital additionally invested $30 million as debt in the new round.
Founded by Nitin Agarwal, formerly of Edelweiss Financial, and Supam Maheshwari, a founder of FirstCry, GlobalBees acquires and partners with digitally nati …
