# Arzooo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/arzooo

- Industry: Internet
- Headquarters: Bangalore, India
- Website: www.arzooo.com
- Total disclosed funding: $79M
- Latest round: Series B (Jan 29, 2024)
- Investors on record: 13

## About

Arzooo is a retail technology company based in India, focused on empowering small to medium-sized retail businesses with advanced tools for inventory management and operational scaling.Founded in 2018 in Bangalore, India, Arzooo specializes in providing a technology platform for retail businesses, enabling them to enhance their operations. The company has successfully raised funding through 11 deals, with the latest round being a Series B financing of USD 70.00 mn in January 2024, led by investors including 3Lines Venture Capital and SBI Investment. The company is founded by Khushnud Khan, who also serves as the CEO, and it has been developed without any reported pivots in its business model.Arzooo offers a robust technology platform designed specifically for the retail sector, helping businesses manage and expand their operations efficiently. The platform includes a comprehensive suite of tools aimed at overcoming challenges related to inventory management, capital constraints, and scaling difficulties. With access to a diverse product range exceeding 20,000 items, Arzooo caters to over 50,000 retail stores across urban and semi-urban regions in India, as well as expanding into Southeast Asia.In the most recent financial year, 2022, Arzooo reported a revenue of USD 150.01 mn, with an EBITDA of USD -7.79 mn. The company operates on a revenue model that includes subscription-based services and partnerships with retailers and wholesalers, allowing clients to access its technology platform tailored to their business needs.In January 2024, Arzooo secured USD 70.00 mn in Series B funding to bolster its technology development and operational capabilities, focusing on further penetration into the Indian market. The company plans to capitalize on this funding to enhance its offerings and expand into new regions, with specific strategies being designed to target additional markets in Southeast Asia.

## Funding rounds

- Series B, Jan 29, 2024 — SBI Investment, 3Lines Venture Capital, Trifecta Venture
- Series B, Jun 28, 2022, $70M — SBI Investment, Trifecta Capital, Celesta Capital, 3Lines Venture Capital
- Series A, Sep 1, 2021, $1.5M — 3Lines Venture Capital, Stride Ventures, Trifecta Venture, Sangha Capital
- Series A, Sep 30, 2020, $6.7M — Vistra ITCL, Celesta Capital, Jabbar Internet Group, 3Lines Venture Capital, Trifecta Venture, Tahseen Consulting, Enam Investments
- Series A, Dec 15, 2019 — 3Lines Venture Capital
- Seed, Mar 30, 2019, $1M — Jabbar Internet Group, Omphalos Ventures India
- Seed, May 24, 2018, $0.2M — Omphalos Venture Partners

## Investors

- Omphalos Venture Partners (https://capitalatlas.ai/funds/omphalos-venture-partners) — Seed
- Jabbar Internet Group (https://capitalatlas.ai/funds/jabbar-internet-group) — Seed, Series A
- Omphalos Ventures India (https://capitalatlas.ai/funds/omphalos-ventures-india) — Seed
- 3Lines Venture Capital (https://capitalatlas.ai/funds/3lines-venture-capital) — Series A, Series B
- Vistra ITCL — Series A
- Celesta Capital (https://capitalatlas.ai/funds/celesta-capital) — Series A, Series B
- Trifecta Venture — Series A, Series B
- Tahseen Consulting — Series A
- Enam Investments — Series A
- Stride Ventures — Series A
- Sangha Capital (https://capitalatlas.ai/funds/sangha-capital) — Series A
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series B
- Trifecta Capital (https://capitalatlas.ai/funds/trifecta-capital) — Series B