IndiaOrders, an online platform for offline stores has raised funding from Vijay Group, a leading real estate company in Mumbai owned by Ateev Gala. However, the funding amount has been kept undisclosed at this moment.
Jigar, one of the co-founders of Indiaorders said that Vijay Group will work with IndiaOrders as their managing and strategic partner and the raised funding will help them to expand their team size and number of operational cities.
With the raised funding amount, IndiaOrders will scale up its operations in 5 more cities. Started with Mumbai region only a few months back, the startup has already managed a small setup in Pune, next in its bandwidth will be Jaipur, Kolkata and Delhi.
“We do not require any more investment for next 2 years now after the funding. Moreover, this is a motivation for us to work hard and be more responsible from our side to take IndiaOrders to much greater heights” added Jigar.
IndiaOrders is an eretail platform helping offline stores to have an online presence. With its affiliate model, the startup showcases products from various offline stores and charges a predefined commission from its registered merchants on each sale. Few of its Mumbai based clients include Shubham (which has 3 stores in Mumbai), Serenity, Pink Cow and Menz Trendz.
Went live in the end of May, the startup has managed to increase its clientele list of 60 merchants to a total of over 200 in just few months time while almost doubling its team size.Category Investments News Startups