VC Circle – Delhi-based Reverse Logistics Company Pvt Ltd (RLC), which operates under the brand GreenDust, an e-commerce platform for refurbished goods, is in talks to raise over $100 million in its Series B round of funding, sources close to the development informed Techcircle.in. The company is in advanced talks with private equity hedge funds like Falcon Edge Capital LP for the same.
GreenDust, which has offices in the Middle East, will use the money to expand its footprints into various markets in Southeast Asia and Africa.
