Investments, News

Chat Based Commerce Platform Goodbox Bags $2.5M from Nexus Venture Partners

Bengaluru-based Goodbox, a chat-based mobile application for businesses and their consumers, has raised $2.5 million from Nexus Venture Partners. The raised capital shall be used  to upgrade tech, expand operations and acquire more merchants.


Goodbox is in general, is competing with all the hyperlocal startups that have emerged in the recent times.

Co-founded by Abey Zachariah, Nithin Chandra, Mahesh Herle, Mohit Maheshwari, Anand Kelaginamani, Mayank Bidawakta and Charan Shetty, Goodbox provides a platform where customers can directly chat with a business. It enables businesses to put up photographs/images, send group messages to their customers, set up store timings and even provide a menu function to list their items.

Commenting on the development, Mayank Bidawakta said, “We feel like this works, because, many businesses, be it a grocery store, a company or even a hospital, rarely have such apps of their own. This will really help speed up processes and help both parties.”

Goodbox, which aims to get every business to create their store on the app and interact with customers, has tied up with over 1,200 merchants in Bengaluru, including supermarkets, restaurants, laundry chains, rental providers, movers and packers, canteens and salons.

In the month of May, the company had raised a pre-series A round of $200,000 led by Manipal Media Networks, with participation from Taxi for Sure Co-founder- Aprameya Radhakrishna and redBus Co-founder- Charan Padmaraju.

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