Hopscotch, an India-based e-commerce company selling babycare products that is backed by internet holding company Jabbar Internet Group, has raised $25m in its series D round.
Investors in the round included Lionrock Capital, Rise Capital, RPG Ventures and IIFL Seed Ventures as well as angels Eduardo Saverin’s EE Capital, Wei Yan and Atul Nishar’s Techpro Ventures, according to news provider Economic Times of India.
In March 2016, Hopscotch secured $13m in funding, the Economic Times reported.
Saverin, a co-founder of social media network Facebook, previously led an $11m series B round in January 2015 that included Jabbar; Velos Partners, a growth capital firm that has Saverin as its chairman; Rise Capital, Lion Rock Capital and Tovio Annus, co-founder of messaging platform Skype.
Hopscotch closed a $2m series A round in 2014 backed by Lion Rock and a range of angel investors. The company has reportedly obtained a total of $15m in funding to date, including seed capital provided by friends and family.
Founded in 2012, Hopscotch sources babycare and children’s products.
