Mumbai, Oct. 18 -- Online auto spare parts marketplace boodmo.com has raised Rs 10 cr in fresh funding from the existing investor. The latest funding has raised the organization's share capital from Rs 35 crore to Rs 45 crore. In May 2019,
boodmo raised Rs eight crore.
"These funds will be used to accelerate our growth and help us launch our operations in Maharashtra with a sorting hub in Mumbai. Moreover, we are going to introduce a special software for our warehouses to expedite our operations and delivery process. This software will enable us to avail direct product movement from the acceptance area to packaging tables, thereby avoiding stock allocation whenever possible," Oleksandr Danylenko, Managing Director & Co-Founder, boodmo.com...