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Investegate |Immotion Group PLC Announcements | Immotion Group PLC: Augmented Reality Book & Flashcards launched

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E-comm wars: How Flipkart is making deep inroads into Amazon s territory

E-comm wars: How Flipkart is making deep inroads into Amazon s territory
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E-commerce Platform ShopG Raises $1 5 Mn In Seed Round Led By Orios Venture Partners And RPSG Ventures

Opinions expressed by You re reading Entrepreneur India, an international franchise of Entrepreneur Media. Social e-commerce platform ShopG on Wednesday announced to have raised $1.5 million in a seed funding round led by Orios Venture Partners and RPSG Ventures. Angel investors such as Rajesh Yabaji, Raghunandan G, Prasanth Nair, and Alibaba also participated in the round. Started in Nov 2019, the company has built a social commerce platform powered by micro-entrepreneur community leaders that is changing the way the next 500 million customers beyond India s top cities shop for their daily household needs. The infusion of new funds will be used for expanding the community leader network in tier III and tier IV cities, scaling technology, building a supply of small regional brands, and creating a suite of direct-to-costumer (D2C) branded products.

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