e-commerce
LimeRoad raises $45 million in less than a year
MUMBAI: LimeRoad, a social-shopping platform for women, has raised a series C financing following rapid growth in community engagement, scrapbook creation and revenue growth.
This two-year old company has raised total funds to the tune of $45 million in the past year and this round comes within ten months of its Series B financing. Tiger Global Management, an existing investor, leads the new round with participation from existing investors Lightspeed Venture Partners and Matrix Partners India.
Over the last year, LimeRoad has been steadily nurturing a unique hyperactive community that takes products from thousands of sellers from across the country and shows users how to transform even the most basic white t-shirt into a style statement.
The community posted more than 1.5 million style statements as “scrapbooks” last month alone, with per day postings reaching 100,000+, achieving 100x growth in less than a year.
“It’s transformational,” said a graphic design student in Delhi Komal, who has made 800 scrapbooks. She added, “Scrapbooking on LimeRoad makes me feel ultra stylish. It’s a daily routine that is a release after a hard day.”
A homemaker in Jharkhand, Jhanvi, who has created 2000+scrapbooks, stated, “I feel like I am getting out of my town. It has helped me personally develop, changed my sense of style. I purchase my looks for myself and love it. Now I try so many new things.”
LimeRoad’s machine algorithms rank order and display the highest quality scrapbooks for millions of users to find the trendiest products and styles.
LimeRoad was founded by Suchi Mukherjee, Prashant Malik and Ankush Mehra, who collectively have previously held leadership roles at eBay, Skype, Facebook, Samsung and Reliance Hypermarkets.
LimeRoad founder and CEO Suchi Mukherjee said, “We are revolutionizing the way lifestyle products are discovered and ultimately bought in India, and in doing so, we are changing social order. Smaller unique sellers from across the country are getting discovered, women from across the country are using scrapbooks as a medium of style expression, and millions of users are getting access to highly affordable and unique style.”
“We grew GMV 600 per cent in the last 12 months, thanks to our passionate users who visited our app on average more than 38 times in the last six months. That’s a delightful 76 times a year! As a result 80-85 per cent of our orders come from organic traffic.”
Tiger Global partner Lee Fixel said, “The uniqueness of LimeRoad lies in the passionate user base and the mission of providing an engaging platform for smaller brands to thrive. We love this approach and are investing behind it and behind the team executing the strategy.”
Lightspeed Advisory Services India managing director Bejul Somaia added, “We continue to be highly supportive of LimeRoad. This is a truly exceptional team that has already disproved many accepted notions in Indian online commerce as a result of which they are showing extraordinary organic traction.”
Matrix India managing director Avnish Bajaj said, “The LimeRoad team is a unique combination of a crystal clear vision combined with sheer execution prowess. We continue to be amazed by their sheer passion, sharp thinking and their core engagement metrics.”
e-commerce
Amazon India slashes fees to boost seller growth
Zero referral fees now on over 12.5 crore products under Rs 1,000, Easy Ship fees cut by over 20 per cent from 16 March 2026.
MUMBAI: Amazon India just dropped fees like confetti because when sellers save up to 70 per cent, even the checkout cart starts celebrating. Amazon India today announced a major fee reduction to supercharge growth for lakhs of sellers, expanding zero referral fees coverage more than 10x from 1.2 crore products in 2025 to over 12.5 crore products priced under Rs 1,000 across 1,800 plus categories. Effective 16 March 2026, the changes also include a more than 20 per cent cut in Easy Ship fees for products below Rs 300, plus savings of up to 90 per cent plus on selling fees for the second unit when multiple units ship in one box.
Easy Ship where sellers store products at their premises while Amazon handles pickup and delivery remains a favourite for small businesses and those scaling up, thanks to lower upfront logistics costs. The revisions aim to make selling more profitable, especially for entrepreneurs in Tier 2 and Tier 3 cities.
Amazon India director of selling partner services Amit Nanda said, “Building on last year’s fee reductions, we are now expanding that commitment to benefit a much larger cohort of sellers. By eliminating referral fees across 1,800 plus categories and reducing logistics costs, sellers can save up to 70 per cent in fees.”
Illustrative per-unit savings (effective 16 March 2026, products under 500g):
Fashion jewellery necklace set (Rs 999, Easy Ship), total fees drop from Rs 324 to Rs 100, a 69 per cent reduction (save Rs 224).
Earphones (Rs 798, Fulfilled by Amazon), total fees fall from Rs 248 to Rs 109, a 56 per cent reduction (save Rs 139).
T-shirt (Rs 299, Easy Ship), total fees reduce from Rs 71 to Rs 56, a 21 per cent reduction (save Rs 15).
Earthen Story (a Bengaluru-based seller) co-founder Ashish Agarwal reflected on last year’s changes, “When Amazon axed referral fees on products under Rs 300 last year, it was a game-changer… The result? 50 per cent explosive growth, with more momentum to conquer even bigger categories.”
Sellers can choose from three fulfilment options, self-ship, Easy Ship, or Fulfilled by Amazon (FBA). The fee cuts reinforce Amazon’s push to pass operational efficiencies back to sellers and customers in one of the world’s fastest-growing e-commerce markets.
In a platform where every rupee saved can fuel the next listing, Amazon isn’t just tweaking numbers, it’s handing sellers rocket fuel to scale faster, sell smarter, and keep the cart rolling.
