Company Name : MySmartPrice
Funding Amount : $10mn
Investor(s) Accel Partners and Helion Venture Partners.
Funding Round : Series B
Comparison shopping and product discovery service, MySmartPrice has raised $10 million in Series B round of funding led by Accel Partners with participation from Helion Venture Partners.
MySmartPrice caters to over 10M unique users monthly, and has been growing over 1000% year-on-year. The company now aims to become an omnichannel player by adding inventory and pricing from offline stores to its product offering.
Since the last year, MySmartPrice has made a serious push into offline commerce. The funding will allow the company to expand its hyper local shopping services to over 50 cities across the country, enable over 100,000 local retail stores reach their customers online and super charge its growth to reach a GMV of USD 1 billion.