Secured funding
E-commerce platform Kartrocket has raised USD250,000 from 5ideas Startup Superfuel and 500 Startups. Kartrock says the investment will be used to strengthen its sales strategy and enhance the software. The Indian firm has developed a website for startups to launch online stores for both web and mobile. Customers can also integrate international payment options and implement shipping strategies.
Kartrocket says it plans to have 2,000 customers by the end of the year, having picked up more than 100 paying customers since launching in January. It lists these e-commerce startups as covering a range of sectors such as clothing and baby products.
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