Zoom’s Eric Yuan, top Silicon Valley VC invest in retail-tech firm Arzooo
Zoom meeting app’s founder and billionaire Eric Yuan and Silicon Valley’s leading venture capitalist, Bill Tai have invested an undisclosed amount in retail-tech firm Arzooo.com. The Bengaluru-based firm will utilise the funds to scale technology, operations and quality of service. It operates in over 20 cities across the country. The start-up will also channelise funds to ramp its B2B platform, ‘Go Store’.”
Arzooo is Yuan’s first investment in India. Bill Tai has 22 IPOs to his credit and was among the very first investors in companies such as Twitter, Zoom Video, Wish.com, Canva, and ColorGenomics.