An omni-channel retail tech startup known as Perpule has reportedly raised $4.7 million in a Series A funding round. The particular round was led by Prime Venture Partners, Kalaari Capital and Venture Highway.
The company provides consumers with a self checkout option at retail outlets, intends to use the funds for expansion into more outlets across 10 cities in the next year. The app allows customers to discover items, scan barcodes, get offer and pricing information for the products and the option to checkout and pay.
Perpule is already working with retailers like Big Bazaar, Vishal Mega Mart, SPAR, MORE, HyperCITY, as well as with Quick Service Restaurants (QSRs) such as KFC.
Also, the startup recently launched a digital cafeteria solution for QSRs which include cafeterias and food courts in corporate tech parks and malls, and this solution is at present being used by more than 20 companies across India.
The retail-tech startup was founded in October 2016 by Abhinav Pathak, Saketh BSV and Yogesh Ghaturle. The company had previously raised a seed round of $650,000 from Kstart, the seed fund of the Kalaari Capital, Venture Highway and Raghunandan G in 2017.