Pumpkart, B2B Market place bags funding from CII's chairman
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Pumpkart, the business-to-business emarketplace has raised funding from the chairman, Dinesh Dua the CII (Confederation of Indian Industry). After the funding, the valuation of the company will increase to $9.87 Mn (INR 70 Cr). The company was founded by KS Bhatia in the year 2014 and started off the journey as a business to consumer marketplace for water pumps and later turned into a B2B model for electric products.