Lightspeed leads $20m funding in GlobalFair and India deals worth $88m – shareandstocks.com

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Gurugram-based B2B building material supplier GlobalFair has raised $20 million in its Series A funding round led by Lightspeed Venture Partners, per an announcement.

The financing also saw participation of Saama Capital, India Quotient, AUM Ventures, and Stride Ventures, the startup said in a statement. It will use the funds to grow its team, scale the business, and build new products.

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