Smartphone retail tech platform SmartDukaan raises $10 million funding led by Findoc Finvest
SmartDukaan aims to utilise the investment for franchise partnerships, enhancing the technology infrastructure and expanding their product portfolio along with talent acquisition, according to a company statement.
)
Smartphone retail tech platform SmartDukaan has secured USD 10 million in a funding round led by Findoc Finvest. Other participants in the pre-series A funding round were Leafberry Ads and angel investors.
The company aims to utilise the investment for franchise partnerships, enhancing the technology infrastructure and expanding their product portfolio along with talent acquisition, according to a company statement.
"This funding will serve as a catalyst for us to enhance and expand our network across the country. Our mission remains to be the largest mobile retail network of India, digitizing and empowering retailers and also inviting aspiring entrepreneurs to be part of a profitable mobile retail business," CEO and founder of SmartDukaan Tarun Verma said.
The tech-based retail chain startup has 350 stores across 100 cities in North India.
ALSO READ: EaseMyTrip signs general sales agreement with SpiceJet
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
