Video ecommerce app SimSim has raised INR 43.49 Cr ($6 Mn) in a Series A funding round led by investment firms Accel India and China-based Shunwei Capital.

Moreover, while Good Capital invested INR 7.16 Cr ($1 Mn), the HNIs bought the stake for INR 20.4 Lakh ($28 K) each.

Previously, the company had raised $1.23 Mn in seed-stage from Good Capital.

Other investors participating in the round included Facebook, SAIF, Sequoia, Shunwei Capital, RPS and Venture Highway.

For example, WhatsApp has 400 Mn users in India, followed by 241 Mn users of Facebook and Instagram’s 72 Mn. | To read full story, visit https://startuparound.com/read/1573993915.7403443/Video-Ecommerce-SimSim-Raises-$6-Mn-From-Accel-India,-Good-Capital?ref=audio_experience