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- The number of startups in the holding co / roll up space has significantly grown in the past year growing in both the Amazon and Shopify space. A recent article in 2pm profiles these hold co's and their strategies.
- This trend has made its way to Europe and now to India, with GlobalBees, recently closing the largest Series A in India raising $75M.
- GlobalBees is capitalizing on the high growth of e-commerce in India and a chance to create a digitally native house of brands existing on Amazon & Flipkart.
- The excitement around these holding companies is rethinking the traditional CPG by leveraging brands who have already proved successful and helping them scale. Offering a potential exit to other CPGs or through IPOs.
- An article in TechCrunch discusses GlobalBee's recent raise along with another of other startups from India in the same space.
India's GlobalBees raises $150 million to build Thrasio-like house of brands
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