Thrasio has raised $1 Bn at a valuation of $10 Bn from Silver Lake, Advent International, Oaktree Capital Management, Upper90, PEAK6 and Corner Capital
According to reports, cofounder Cashman has stated that Thrasio plans to expand to India and explore other online retail platforms
The startup that pioneered the concept of acquiring small brands and scaling them, has reportedly earmarked $500 Mn for acquisitions in India starting with FMCD Lifelong Online