Online auto spare parts marketplace boodmo.com raises Rs 10 Cr from existing investor

Date posted: Tuesday 15 October 2019

Gurugram-based online auto spare parts marketplace boodmo.com has raised Rs 10 crore in fresh funding from its existing undisclosed investor. Talking about the freshly raised capital, Oleksandr Danylenko, Managing Director & Co-Founder, boodmo.com, said, “These funds will be used to accelerate our growth and help us launch our operations in Maharashtra with a sorting hub in Mumbai. Moreover, we are going to introduce a special software for our warehouses to expedite our operations and delivery process. This software will enable us to avail direct product movement from acceptance area to packaging tables, thereby avoiding stock allocation whenever possible.”

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