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BabyOye.com raises $2.5mn from Accel Partners and Tiger Global

Mumbai-based Nest Childcare Services which operates BabyOye.com, an online baby products store, has raised $2.5 million from Accel Partners and Tiger Global. This is the company’s first round of funding and will be used to hire people, expand its supply chain, build warehouses and increase product range to include 20,000 items by the end of this year.

Mumbai-based Nest Childcare Services which operates BabyOye.com, an online baby products store, has raised $2.5 million from Accel Partners and Tiger Global. This is the company’s first round of funding and will be used to hire people, expand its supply chain, build warehouses and increase product range to include 20,000 items by the end of this year.

The company delivers to 20,000 cities and towns in India and expects to have 60 employees by the end of this year. It is also planning a hybrid model that combines online and offline sales. BabyOye.com has tied up with brands like Avent, Barbie, Carters, Chicco, Crocs, Dr Browns, Farex, Farlin, Fisher Price, Funskool, Graco, Hauck, Himalaya, Holle, Huggies, Johnson & Johnson, LeapFrog, Mamy Poko, Medela, Nuby, Nuk, Pampers, Pigeon and Zero.

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