E-commerce enabler Zepo has lifted a hidden quantity of funding, which is led by Anupam Mittal, who is CEO of Men and women Group, One97 Mobility Fund. Soon after this investment Anupam will unite with the board of the business. The corporation will make use of funds to forcefully concentrate on development of its base in the present markets and discover new overseas marketplaces. Zepo had previously raised hidden amount from the One97 Mobility Fund.
Zepo lets firms to setup a lot of stores storage ottoman online. Zepo, which was founded by Nitin Purswani in 2011, is a Morpheus Gang business that has been increasing gradually more than the final years with over 1200 e-commerce retailers that are operating on Zepo at the moment.
Its journey from an e-commerce platform to an absolute on the internet promoting answer, Zepo offers every little thing from an integrated payment gateway to full advertising assistance. It Mercer41 has its personal logistics options ZePOST as well.
The Mumbai primarily based firm struggles with Martjack, Buildabazaar, KartRocket which includes a number of other people. KartRocket raised around $2 million in October from 500 Startups, Nirvana Venture Advisors and Japan-primarily based Beenos.
This year, it has began two fresh new offices in Delhi as properly as Bangalore. The corporation announced that it has plans to spot itself as the foremost e-commerce platform sources in India, while introducing some brand new features and developments on Zepo.