Company Name : Ginergercrush
Funding Amount : $1mn
Investor(s) Saha Fund
Funding Round : Pre-Series A
Merchandising and product customization platform, Gingercrush has raised a Pre Series A Round of $1mn led by Saha Fund.
Mohandas Pai’s family office, Zia Mody (AZB Partners), Mumbai Angels, Ananda Kallugadde (NeoAngels), Rakesh Desai & Rakesh Malhotra (SAR Group) also participated in the current round.
Ankita Vashistha, Founder of Saha Fund has joined the Board of Directors. She comes with over 8 years of experience in private equity and venture capital.Pranav Pai, from TV Mohandas Pai’s family office has also joined the Advisory Board at Gingercrush.
Gingercrush is an on-demand retail platform where consumers can instantly shop or customize products to fit their personal style and purchase a vast array of products. Armed with competent and experienced core team, Gingercrush has now become a Licensee that Licensors want to partner with.
Saumya Nidhi, Chief Operating Officer, Gingercrush, said, “Our aim is to make branded product customization the most looked up industry in India. To support us in our venture, we feel privileged to have Ankita and Pranav in our team, and we’re sure that the experience and background they come with will prove to be an asset for the organization and to the industry. The merchandising and product customization arena is the next big thing after mainstream retail in India, we hope to break through the barriers of competition in the road ahead.”