Social Commerce Startup CityMall Raises $75 Mn From Norwest, Citius VC

BDO.LiveSite.Deals.DealTypeTransaction Services
BDO.LiveSite.Deals.IndustryTechnology & Media
BDO.LiveSite.Deals.ClientNameNorwest Partners

The BDO Transaction Services team in India provided financial and tax due diligence to Norwest Partners in connection with an investment of USD 75 mn in Citymall in its Series C round of funding led by its new investor Norwest Venture Partners. The was also a participation from Luxembourg-based Citius VC in the fresh round.

Existing investors including WestBridge Ventures, Jungle Ventures, General Catalysts, Accel India, and Elevation Capital, will also be participating in this round of funding.