Local brand platform Little Black Book raises $5 million in Series A funding

Little Black Book (LBB), a platform to find and shop from local brands and businesses, has raised $5 million in Series A led by Inventus India and IAN Fund. Japanese investors Dream Incubator and Akatsuki Entertainment Technology (AET) Fund and existing investors Blume Ventures and Chiratae Ventures also participated in the round.

The funds will be used to expand the tech and product team with a focus on machine learning for discovery and integration of content.

A web and app based platform, LBB started off as a content and discovery platform for places, services, restaurants, events, weekend getaways, fashion and activities.