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Lal10 logo — An online marketplace helping international buyers source au...

Lal10

An online marketplace helping international buyers source authentic products from reliable and verified Indian MSMEs.

Founded 2017 United States New York, United States 71 employees Seed Total: $9.08M Consumer Goods, E-Commerce +1

General Information

Company Name Lal10
Founded Year 2017
Location United States New York, United States
Employees 71
Industries Consumer Goods, E-Commerce, Lifestyle
Funding Stage Seed
Social

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About Lal10

Lal10 is an online wholesale marketplace for rural SMEs in India, aiming to digitise small and medium rural manufacturers and connect them to global markets. The platform addresses the immediate need to digitise these rural SMEs and cater to the growing demand for sustainable goods globally, especially after the disruption caused by CoVID. With the penetration of internet and smartphones in rural India, the B2B rural-sourcing market presents a ripe opportunity for disruption. The company has connected 1800 SMEs across 28 rural districts in India to global retailers, with a focus on offering a wide assortment of sustainable products for SMBs who traditionally depended on offline trade shows and exhibitions for sourcing. Lal10 aspires to leverage technology and software applications to establish a robust global supply chain connecting SMEs with retailers in India and overseas. In 2017, Lal10 was founded and is based in the United States. Recently, the company secured a $1.50M debt financing investment on 19 July 2022. This signifies investor confidence in the potential of Lal10 to disrupt the consumer goods and e-commerce industries by empowering rural SMEs in India. With the sheer scale of opportunity, with 9.1 million rural SMEs in India contributing over $7 billion to the global market, Lal10's growth prospects seem promising.

Business keywords: Online marketplace, Wholesale marketplace, Rural SMEs, Global sourcing, Sustainable products, Digitisation, Supply chain, Local retail, Indian MSMEs, Global market, SMBs, Rural economy

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $1.50M -
19 Jul 2022
Seed Round $4.00M 10
Spiral Ventures Beyond Capital Yuj Ventures
Spiral Ventures, Beyond Capital +8
19 Jul 2022
Seed Round $2.00M 1
Asymmetry Ventures
Asymmetry Ventures
26 Feb 2022
Seed Round $1.10M 8
Gemba Capital Beyond Capital Pegasus FinInvest
Gemba Capital, Beyond Capital +6
13 Mar 2020
Convertible Note $80.00K 1
IIMA Ventures
01 Aug 2019
Grant Undisclosed 1
HDFC Bank
HDFC Bank
04 Mar 2019
Seed Round $400.00K 7
Villgro
Villgro, TT Jagannathan +5
26 Jul 2018

Lal10 Alternatives & Competitors

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FAQ About Lal10

An online marketplace helping international buyers source authentic products from reliable and verified Indian MSMEs.
Lal10 was founded in 2017.
Lal10 is headquartered in New York, United States.
Lal10 operates in Consumer Goods, E-Commerce and Lifestyle. Its work centres on Online marketplace, Wholesale marketplace, Rural SMEs and Global sourcing.
Lal10 has approximately 71 employees.
Lal10 has completed 7 funding rounds, raising a total of $9.08M. The latest funding stage is Seed.
Top alternatives and competitors to Lal10 include ariika, Zizira, Wholesaledock, Powered by People (PBP), KMA GLOBAL GENERAL TRADING LLC. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Lal10 and ariika are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Lal10, https://bouncewatch.com/company/lal10, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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