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Mysore-based BuyEazzy, founded in May 2021 by Rahul Aggarwal and Hariher B, is a beauty and wellness-focused ecommerce platform catering to tier-2 and tier-3 cities. It will use the fresh funds to support expansion, team building and product enhancement efforts.
Sanjeev Bikhchandani backed B2B marketplace bijnis in 2018 and remained bullish on the startup for five years, owning the biggest stake with 26.27percent. He eventually realised that with high cash burn, unsustainable unit economics and a funding winter, bijnis didn't make sense
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While Google joined Adda247's funding round as a new investor, existing investors Info Edge and Asha Impact also participated in it
Adda247, which is also backed by Sanjeev Bikchandani’s Info Edge Ventures, offers lessons on 500+ government exams, and has more than 22 million learners.