Gurgaon based TheShoppingPro.com has raised Rs 22 Lakh in angel investment from serial entrepreneurs Gaurav Bhatnagar, Ankush Nijhawan and Manish Dhingra. The funds will be utilized to create tools that simplify online shopping for consumers.
Founded by Ashish Gupta and Lavesh Bhandari both from IIT (Delhi), TheShoppingPro is creating a set of web and mobile tools to help online shopping. The company has launched a set of features such as coupon automation and cash-back plugin.
The company claims that it has seen over 1500 installations and is already generating revenues with over 200 transactions a month. The site has partnered with the likes of Flipkart, Jabong and Myntra.
The company’s shopping pro plugin will give you best price, cashback and coupon offers as you browse online shopping sites. It’s a bit similar to MakkhiChoose, a chrome plugin that alerts to you a lower price when you are shopping on any of the ecommerce sites. There are over 150 coupon sites in India. However, going to a coupon site and fishing out a relevant coupon is a tedious process compared to the browser plugin approach.