Freecharge, Freshdesk Founders Invest in O2O Platform Crownit
Freecharge founders Kunal Shah and Sandeep Tandon, and Freshdesk founder Gireesh Mathrubootham have invested in Crownit, an Online to Offline (O2O) local merchants discovery platform.
The size of the deal is however not disclosed.
Ex-Snapdeal chief product officer Anand Chandrasekaran has also invested in the venture, the company said in a statement.
"We are building Indias largest offline deals company using app-only cost efficient cash-back approach. We are replicating the success of Meituan (China's largest offline deals company) in India. We will continue to scale using product innovation without the need of large capital," Sameer Grover, founder and CEO, Crownit said.
Crownit primarily targets offline merchants segment with direct consumer discounts and deals category in India...