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Adult products e-store raises $4 mn in Series A
short by Bhavika Bhuwalka / on Friday, 22 January, 2016
Adult products e-store IMbesharam.com has raised $4 million in a Series A funding round led by two unnamed US-based angel investors. Founded in 2011, the company is owned by Salim Rajan and Raj Armani and is now valued at $20 million. It currently gets maximum traffic from Delhi, followed by Bangalore and Mumbai. The company had also roped in Sunny Leone as its brand ambassador.
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