Company Name : Funcart
Funding Amount : Undisclosed
Investor(s) HNIs
Funding Round : Seed round
Funcart has raised its first round of funding of $70,000 from a group of HNI. Launched in March 2015, Funcart has all party supplies one may need. With plans to expand business and add to its HR and advancing technology, Funcart will utilize the funding.
Ritika Nangia, Founder, Funcart, said, “Funding is a positive growth and comes as an asset to a business enterprise. I have always believed in giving Funcart.in’s clientele a variety to choose from that too at the best prices the market can offer. To enable many more benefits and bringing in newer party supplies we did look at funding to make us even stronger than before by getting into personalization & adding more products to our existing range.”
She also added, “Funding is bound to make a massive change to our business as we have planned on increasing the size of our team and are looking at creating a robust marketing network for Funcart.in’s website. ”