KartRocket Series A Funding

BigFoot Retail Solutions Pvt. Ltd, which owns KartRocket, a do-it-yourself (DIY) e-commerce platform for Indian retailers, announced on Wednesday that it has raised around $2 million (Approx. INR 12 cr.) in its first round of funding.

The Series A round was led by Nirvana Venture Advisors, 500 Startups and Japan-based Beenos (NetPrice).

The E-commerce enabler platform was founded Saahil Goel, Gautam Kapoor and Vishesh Khurana in 2012 and had raised an undisclosed amount of funds from 5ideas, 500 Startups and angel investor Jatin Aneja last year.

“We’ve already done a lot of heavy lifting in the past year helping design software, integrations and processes to solve pain points in building a website, a mobile site, integrating a payment gateway and most importantly powering automated and cost-effective shipping for Indian SMEs,” said Saahil Goel, CEO and co-founder of KartRocket.

“With the funds, we want to solve the next set of problems around cataloging, mobile, traffic generation and discovery. We’re also planning to expand our presence pan-India including a heavy focus on Tier- II and Tier-III cities,” he added.

The company helps small and medium businesses to launch their web and mobile e-commerce stores with web and mobile site designs, built-in shipping, payment and multi-channel sales integration. KartRocket has partnered with many big players, such as eBay, Amazon and Snapdeal to allow multi-channel sales.

KartRocket has grown from 100 clients to 1900 clients within a short span of one year which includes, Da Milano, Uni Style Image, Valyoo Technologies, TantraTshirts, Gaurav Gupta, Gyans, Divani, Karol Bagh Saree House and Latin Quarters.

You May Also Like

8 types of logo designs

We often constrain logo design to one thing that we are familiar…
Cisco Acquires Pawaa

Cisco Makes Its First Acquisition In India, Acquires IT Security Firm Pawaa

Networking equipment giant Cisco has acquired the Banaglore –based IT Security firm…
Hike Direct

Hike Direct Lets You Chat And Share Files Without An Internet Connection

India’s second largest instant messaging platform Hike launched a new feature called…

Coronavirus (COVID-19) myths to ignore

As the Coronavirus (COVID-19) continues to make the headlines, a host of…