Wicfy Secures Follow On Funding From Ecosystem Ventures & Others

wic_thumb.jpgMakers of shopping discovery platform Wicfy have raised follow on funding from a clutch of investors including existing investor Ecosystem Ventures, Everest management Fund in Switzerland and angel investors from India & Singapore.

Simplibuy Technologies, the Pune based startup behind Wicfy, helps consumers discover interesting products and prices from the offline world. Alex Fries, President of Ecosystem Ventures said: “It only makes sense to co-invest with investors around the world…we are very bullish about India but without the local guidance of investors, it makes it a difficult investment.”

Fries visits India to setup a deal pipeline for Ecosystem Ventures and will join the startup’s board. The company launched its Android app in February this year after raising a round of funding from Ecosystem Ventures in December 2012.

Wicfy bridges the gap between the online and offline world with crowd sourced information. 

Add comment

NextBigWhat brings you curated insights and wisdom on product and growth from the wild web.

Over 2 million people receive our weekly curated insights.