Razor Group adds Global Founders Capital and Redalpine Capital as investors in the company.
19 October 2020
Razor Group, a Berlin, Germany startup built on top of Amazon, announced that it raised more capital investment.
The deal, estimated at €500k ($590k), was made for accommodating financial contributions from the German VC Global Founders Capital and the Swiss VC Redalpine Capital.
Razor Group was founded earlier in 2020 by Tushar Ahluwalia and Jonas Diezun with the aim to develop an operation that is based on acquiring Amazon-based small retailers (FBA - Fulfillment by Amazon).
Prior to this round, Razor Group announced raising €3.5 million from 468 Capital, Presight Capital and other angel investors from Germany.
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