Company Name : Shotang
Funding Amount : Rs 33 crore
Investor(s) Exfinity Venture Partners Unitus Impact. .
Funding Round : Angel round
Shotang has raised Rs 33 crore from Exfinity Venture Partners and Unitus Impact.
The Bangalore based startup connects retailers, distributors and manufacturers through an app and helps in sourcing the requirements.
The company plans to launch 10 to 15 categories and provide data insights to manufacturers and suppliers for their stocking requirements. The funds will be used to build a technology team and expand operations.
Earlier, the company had raised seed funding from Bitchemy Ventures.