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Yebhi.com Scores $18M Series C

2012-07-10
GURGAON, INDIA, E-commerce site offering products across categories like home, lifestyle & fashion and electronics raised Rs 100 CR ($18 million) in Series C funding, led by Fidelity Growth Partners India and Qualcomm Ventures.
Yebhi.com, has raised Rs 100 CR ($18 million) in Series C funding, led by Fidelity Growth Partners India and Qualcomm Ventures, the venture capital investment arm of Qualcomm Inc. Existing investors Nexus Venture Partners and Catamaran also participated in the round.

Yebhi.com is an e-com site offering products across categories like home, lifestyle & fashion and electronics. The site claims to offer more than 400 leading brands including Tommy Hilfiger, Calvin Klein, Puma, Reebok, Woodland, Benetton, Levi's and Guess, among others.

In 2010, the company had received Rs 10 crore in Series A funding from Nexus Venture Partners. This was followed by a second round of funding of Rs 40 crore last year, led by Catamaran Ventures - the private investment arm of Infosys co-founder N.R. Narayana Murthy.
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