The comparison-based e-commerce platform has closed its second Mitsui-backed round of the year, boosting its overall funding to more than $100m.

Diversified conglomerate Mitsui & Co has paid Rs 3.43bn ($51.5m) to increase its stake in India-based e-commerce platform Naaptol from 5% to 20%, Business Standard reported on Tuesday.

Founded in 2008, Naaptol claims to the largest comparison-based e-commerce portal in India, connecting users to sellers to a widely diverse range of products from home appliances and consumer goods to vehicles.

Naaptol has now raised $106m altogether, according to venture capital database CrunchBase. Mitsui previously invested in the company’s $21.5m…