Company Name : Applicate
Funding Amount : $ 1 million
Investor(s) Rishi Vasudev, Amit Gupta,Rajiv Nayan, Rakesh Mishra
Funding Round : Not Disclosed
Applicate has raised $1 million from a clutch of investors including Rishi Vasudev, vice-president of Flipkart, Amit Gupta, vice-president of Urban Infra, Rajiv Nayan, director of business development, TCS Canada, Rakesh Mishra of Ravian Pharmaceuticals.
Applicate develops mobility solutions for enterprises and with the raised capitals it plans to develop its new product Trade Gini.
The new product aggregates the demands from the offline retailers and communicates to the online sellers and aims to change the traditional distribution system.[source]