Bidso, a product procurement platform, has raised $1.5 million in its recent funding round. The company offers a full-stack solution for brand sourcing, from product discovery to supplier discovery, value discovery and fulfilment. The funds will be used to increase demand channels, Bidso’s curated network of manufacturers, and building the technology stack, including a quality adherence module for manufacturers and a product configuration engine for buyers. We are thrilled to support the company’s transformative journey, revolutionising the way brands source and grow in today’s dynamic market,” said Ankur Pahwa, Managing Partner at PeerCapital. Additionally, it will contribute to the ‘Make in India’ initiative by improving the manufacturing capabilities of Indian small and medium-sized enterprises, the company said.

Source: The Hindu August 08, 2023 17:19 UTC