Coupons and online deals portal PriceBurp.com, owned by Mumbai based Priceburp Media Pvt. Ltd., raised under USD100K from Bright Ventures B.V, an early stage investment company from the Netherlands. The investment will be used to facilitate tech development and hire competent workforce.
“In a scenario while most of the e-commerce websites are eyeing for conversions, coupons come in handy to induce a prospective buyer and convert his intention to purchase in a sale transaction. Coupon Sites, like ours, come into picture at this point and help these retailers,” said Nirav Dave, Founder & Director of Priceburp.
Currently, the site has covered most of the categories including coupons and deals for electronics, fashion, health & beauty, home & lifestyle and travel etc. Their plan is to expand to other important e-commerce categories as well including online education and other services.