Coupon aggregator, Couponraja.in and CompareRaja.in, the price comparison site have raised US$500,000 as funding from a group of angel investors. The funding will be used to improve its technology assets along with reaching out to new users.
Couponraja & CompareRaja were launched about 3 years ago and claims to have about 5 million page visits a month and generate over 3000 transactions daily for brands like Flipkart, Snapdeal, Amazon, FoodPanda and PAYTM. Couponraja & CompareRaja also attract users to their mobile apps which are available on Android, iOS & Windows platform.
Two of the angel investors, Mahesh Pratapneni (Founder of Medgenome) and Pallab Chatterjee (Managing Director of Symphony Technology Group), have joined the Board of Directors to work alongside the two founders of the business, Rohit Chugh (CEO) & Prasad Shejale (Chief Product Officer).