GudangAda's Demand to Offer More than B2B E-Commerce
In two and a half years, B2B e-commerce startup GudangAda has closed its $100 million Series B funding round. The announcement comes one year after securing $25.4 million in Series A funding. The total funding raised has crossed the $135 million mark.
This achievement is claimed to be supported by business growth. The net transaction value (NVM) is said to reach $6 billion. NVM is an alternative metric to GMV in e-commerce companies. The way to calculate NVM is GMV minus all costs.
The question that arises is what does GudangAda offer compared to other B2B e-commerce players? You could say GudangAda is not the first player in this vertical.
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