Lal10 is an online wholesale marketplace for rural SMEs in India. We are creating a maker’s revolution by digitizing small and medium rural manufacturers to take their sustainable products to global markets. With CoVID layers of middlemen who were traditionally involved in the trade have vanished. This has created an immediate need to digitize these rural SMEs across the country and connect them to retailers for the growing demand of sustainable goods globally. The B2B rural-sourcing market is large, highly disorganized, and geographically dis-aggregated, but with the advent of inexpensive, ubiquitous internet & smartphones across even the rural corners of India, this sector is ripe for disruption. There is an untapped opportunity to leverage technology & software applications to leapfrog the challenges and build a robust global supply chain connecting SMEs with retailers in India and overseas.
We believe that the future of retail is local. We offer a wide assortment of sustainable
products for SMBs who traditionally have been dependent on offline trade-shows and
exhibitions for sourcing.
Lal10 has connected 1800 such SMEs across 28 rural districts across India to global retailers using the Karigar Application.
India has a total of 9.1 Million rural SMEs and their contribution to the global market is over $7 Billion.
Location: India, Uttar Pradesh, Noida
Employees: 11-50
Phone: +91 11 6610 3754
Total raised: $6.6M
Founded date: 2017
Investors 4
Date | Name | Website |
27.07.2022 | Spiral Ven... | spiral-ven... |
- | Yuj Ventur... | yujkutumb.... |
- | Pegasus In... | pegasusfin... |
- | Beyond Cap... | beyondcapi... |
Funding Rounds 2
Date | Series | Amount | Investors |
20.08.2022 | Series A | $5.5M | Yuj Ventur... |
13.03.2020 | - | $1.1M | - |
Mentions in press and media 12
Date | Title | Description | Source |
06.12.2022 | Beyond Capital Ventures Announces Groundbreaking Final Close... | “By closing Beyond Capital Ventures, our team truly beat the odds - only 2-3% of capital flows to wo... | prweb.com/... |
20.08.2022 | Lal10 Raises $5.5M in Series A Bridge Funding | Lal10, a New Delhi, India-based B2B platform for artisans and creative manufacturing enterprises, ra... | finsmes.co... |
17.08.2022 | Beyond Capital Ventures Completes First Investment in India ... | Even when faced with pandemic-related challenges, the Lal10 team has consistently put their artisan ... | prweb.com/... |
20.07.2022 | Lal10 raises USD 5.5 million in Pre-Series A funding | Noida, an India-based wholesale cross-border marketplace for Indian artisans, Lal10 raised USD 5.5 m... | vcbay.news... |
19.07.2022 | MSME focussed startup Lal10 raises $5.5 million in funding l... | ETtechLal10 Founding Team : Albin Jose, Maneet Gohil and Sanchit Govil Lal10, a wholesale cross-bor... | economicti... |
19.07.2022 | MSME-focused Cross-border Platform Lal10 Raises $5.5 Mn Fund... | Lal10, a wholesale cross-border platform, has raised $5.5 million in a pre-Series A round led by Yuj... | thestartup... |
19.07.2022 | MSME-focused wholesale platform Lal10 raises $5.5M led by Yu... | Advertisment "India, however, has a production appetite of over $160 billion with tier III and... | indianstar... |
16.03.2020 | Tech-Led Artisan Startup Lal10 Raises $1.1 Million | Lal10 has raised $1.1 Million in funding led by Sorenson Impact from Utah. Angel Investors includin... | thestartup... |
13.03.2020 | B2B artisan platform Lal10 secures $1.1 mn from Sorenson Imp... | Tanmay Tiwary 13 Mar, 2020 Bhagwandas Retail, which owns business to business (B2B) artisan platfor... | techcircle... |
13.03.2020 | [Funding alert] Ex-Flipkart's B2B artisan startup Lal10 rais... | Tech-led B2B artisan startup Lal10 announced on Friday that it has raised $1.1 million. The round wa... | yourstory.... |
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