Wishberg’s Funding Wish Granted by India Quotient Fund


Wishberg’s Funding Wish Granted by India Quotient Fund

wishbergWishberg, the Mumbai based the social wishlist service, has raised an undisclosed amount of from India Quotient, a Mumbai based venture capital firm.

Wishberg enables users to discover and share purchase intents, experiences and reviews within their social circle. The platform focuses on high involvement categories like Travel, Cars, Bikes, Gadgets, Electronics and Real Estate and the company aims to build Social Graph for Product & Purchase Intents.

Recently Wishberg introduced a new feature called ‘Future Timeline’ for users to view their wish list on a timeline. With this new feature users can build a wishlist for their life. Users can now add a date to every wish they have, which add to a timeline. Like a bucket list.

Back in March 2013 Wishberg launched Shop Mobs, a service that took the company beyond just sharing wishes and discovering friends with similar interests. Shop Mobs aggregates the wishes of people, match it and help them hit up a seller. Just like an offline-online hybrid of group buying.

India Quotient is an early stage venture capital firm founded by former Seedfund executive director Anand Lunia. India Quotient has closed its debut fund of Rs. 30 crore which it raised from institutional investors such as Omidyar Network, SIDBI, Times Internet, Ronnie Screwvala’s Unilazer Ventures and some other local family offices (via).

Recommended Read: Social wishlist product Wishberg launches its public beta [5 point review]

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