Adult Products Based Portal IMbesharam, Has Raised Series A Funding
An Adult products based portal IMbesharam, has raised Series A funding worth $4 million from US-based investors Pavel Vassiliev and Rafiq Hirani.
The company was founded by Salim Rajan and Raj Armani in 2011 and claims to have 120 international brands (and 4,000 SKUs) across apparel, adult toys, jewelry, accessories, cosmetics and gift cards for both men and women.
The company will launch a US store, 4 warehouses in India, hire employees in India and the US and launch a responsive website this year with the funding. It also plans to use $1 million for a marketing campaign, according to the report.
IMBesharam explains why it chose the name on its website, “..We believe we all are Besharam, whether we like to accept it is another story… Because we want to educate people about sex, g...