Merchandising and product customization platform, Gingercrush has raised $1million in a Pre Series A Round of funding, led by Saha Fund. Mohandas Pai’s family office, Zia Mody (AZB Partners), Mumbai Angels, Ananda Kallugadde (NeoAngels), Rakesh Desai & Rakesh Malhotra (SAR Group) also participated in the current round.
Ankita Vashistha, Founder of Saha Fund has joined the Board of Directors. She comes with over 8 years of experience in private equity and venture capital. Pranav Pai, from TV Mohandas Pai’s family office has also joined the Advisory Board at Gingercrush.
Gingercrush is an on-demand retail platform where consumers can instantly shop or customize products to fit their personal style and purchase an array of products.
Commenting on the development, Saumya Nidhi, Chief Operating Officer, Gingercrush, said, “the merchandising and product customization arena is the next big thing after mainstream retail in India.” She added, “we hope to break through the barriers of competition in the road ahead.”