Wednesday, November 6

Tag: HNI

B2B Marketplace For Leather Products ShoeKonnect Raises Funding From IAN
FUNDING

B2B Marketplace For Leather Products ShoeKonnect Raises Funding From IAN

ShoeKonnect is a B2B commerce mobile application designed specifically to cater to the needs of the footwear industry. It has raised an undisclosed amount of angel funding from Indian Angel Network. The round of investment was led by Sahil Kejriwal on behalf of IAN. He will be joining the company board to monitor the team. Siddharth Vij, CEO & co-founder of ShoeKonnect said, “We understand that there lies a huge gap among producers and buyers in the market. A gap that restricts the manufacturers from increasing their customer base and sales volumes and retailers from getting better variety and quality of products. With ShoeKonnect, we aim to bridge this existing gap by simplifying and enhancing trade possibilities for these players in different industries.” The company is a produ...
Pune Based Muhurtmaza Raises Funding From HNI investor
FUNDING

Pune Based Muhurtmaza Raises Funding From HNI investor

Pune based Muhurtmaza, an online puja booking service has raised an undisclosed amount of seed funding from a US based HNI investor. Muhurtmaza currently operates in Pune, Bengaluru and Hyderabad among a few other cities, and will focus on increasing consumer awareness and strengthening its supply chain over the next few months using this funding round. As per the company they are the first company in this space to have received funding so far. On Muhurtmaza customers can book a priest online, depending on specific rituals and samagri required to conduct the ritual. Sowale told Pixr8 "We currently have 300 pandits on our platform and the plan is to scale this up to 600 by January". According to various estimates, this market segment is pegged at about $30bn and is almost entirely uno...