Online Bartering Startup Let’s Barter Raises Undisclosed Funding From Scale Ventures

New Delhi-based startup Let’s Barter, which is a platform to barter goods and services has raised an undisclosed round of funding from venture capital firm Scale Ventures. The app-based platform was started by Pooja Bhayana and Sahil Dhingra as a Facebook group in August 2016 and is now home to over 1,80,000 engaged members.

The funds shall be utilised for scaling up across different cities, educating the market about tech-enabled bartering and building a strong backbone team, the founders said in a statement.

Scale Ventures was founded by Nilesh Rathi of Rathi Group of Companies and Rahul Narvekar, ex- CEO, IndianRoots, to fund early stage startups.

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Written by Shaik Zakeer Hussain

Shaik Zakeer Hussain is a former Sr. Correspondent at NextBigWhat. You can get in touch with him here: linkedin.com/in/shaikzakeerhussain or follow him here: twitter.com/zaknetic.