Social commerce brand Stage3 has raised Rs 20 crores in a Pre-Series A round co-led by Inflection Point Ventures and LC Nueva Investment Partners LLP along with Let’s Venture, Stanford Angels along and existing investor Blume Ventures. Anges including Ananth Narayanan, Dinesh Aggarwal, and Sashwat Nakhrani also participated in the round.
The funds raised will be utilised in improving technology infrastructure, hiring talent and building data science capabilities.