Company Name : Goodbox
Funding Amount : Rs 16.51 crore
Investor(s) Nexus Venture Partners . .
Funding Round : Not Disclosed
Bangalore based Goodbox has raised Rs 16.51 crore from Nexus Venture Partners.
With the raised funds, the company plans to enhance its technology, expand operations and bring more merchants on its platform.
Goodbox allows businesses to create a commerce-ready store that provides discovery, ordering and payment.Goodbox through its interactive mobile app lets the small medium business engage with their customers and complete transactions through payment gateway. This lets the businesses to have an app presence and to commerce.
The company has currently tied up with over 1,200 merchants in Bangalore including supermarkets, restaurants, laundry chains, rental providers, movers and packers, canteens and salons.
The company had earlier raised seed funding from the Manipal Group, Aprameya Radhakrishna (co-founder TaxiForSure) and Charan Padmaraju (co founder redBus).