Launched in 2015, the Glowship marketplace platform aims to provide consumers an access to a wide range of products and solutions in the energy and environment category.They do this by partnering with manufacturers or authorised sellers directly.
Glowship has received an undisclosed sum of funding from Infuse Ventures.
Infused Ventures is a sustainability and clean energy fund backed by IIMA, CIIE, Godrej Industries, ICICI Bank, SIDBI, Union Bank, Bank of India and the Ministry of New and Renewable Energy and Technology Development Board.
Srinivas Potukuchi, Founder of Glowship, aims to use the funds to enhance the platform by hiring more staff, focusing on the backend and expanding to areas other than Bangalore.
“The funding will be used to expand the team, build out the technology platform and expand into other geographies. We are excited about the association with Infuse ventures as it validates the need for a scalable go-to-market channel that enables access to both existing and future innovative products and solutions that will be launched in this sector.” he said.