Tech Accessories Site LatestOne Raises $3M from Palred Technologies

LatestOne, a vertical specific eCommerce site dealing in tech products and accessories like mobile accessories, tablet accessories, computer accessories, has raised $3 million (Rs 20 crore) in additional funding from its publicly-listed parent Palred Technologies Ltd (formerly Four Soft).


The company aims to utilise the raised funding to ramp up operations, establish its third warehouse in Mumbai and expand revenue base, as per VCCircle report. Till date, the firm has secured $7.5 million (Rs 50 crore) in funding.

Launched in 2014, the startup provides users with Latest deals on Laptops, Desktops, Mobiles, Computers,Tablets and its Accessories.