Total amount raised
$2.2 Million
Latest funding date
06/01/2021
Location
QuickSell has raised funding over two rounds, with the latest being a Seed round led by BEENEXT and Info Edge ventures. The platform specializes in e-commerce enablement for WhatsApp-first businesses, offering features like real-time notifications and live analytics.
Keep reading to explore the intricacies of QuickSell's fundraising journey and the investors backing this innovative platform.
What Is QuickSell?
QuickSell is a sales acceleration platform based in Mumbai, Maharashtra, India. It specializes in transforming conversations into conversions through personal commerce, primarily targeting WhatsApp-first businesses. The company operates in various industries, including B2B, E-Commerce, Mobile Apps, and SaaS.
Founded by Apport Software Solutions Private Limited, QuickSell has an employee count ranging from 51 to 100. The platform is trusted by millions of businesses across more than 100 countries, offering features like curated cataloguing, real-time notifications, and live analytics to enhance both B2B and B2C commerce.
How Much Funding Has QuickSell Raised?
- Pre-Seed Round
- Amount Raised: USD 225,000
- Date: March 2017
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the development of the platform and establish a market presence.
- Seed Round
- Amount Raised: USD 2,000,000
- Date: June 2021
- Lead Investors: BEENEXT, Info Edge ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale the business, expand the team, and enhance the product.
Total Amount Raised: USD 2,225,000. Current Valuation: Not publicly disclosed.
Key Investors
- BEENEXT
- Details: BEENEXT is a venture capital firm that invests in early-stage technology startups. They focus on markets in India, Southeast Asia, Japan, and the USA.
- Investment Focus Areas: E-commerce, SaaS, fintech
- Notable Investments: Citrus Pay, NoBroker, Trusting Social
- Info Edge ventures
- Details: Info Edge ventures is a venture capital fund associated with Info Edge, a company known for its investments in various tech startups. They invest in early-stage startups.
- Investment Focus Areas: Early-stage startups, digital platforms, business operations
- Notable Investments: Zomato, PolicyBazaar, Naukri.com
What's Next for QuickSell?
QuickSell is poised to capitalize on the growing demand for digital tools among small businesses. With over 600,000 organic users across 100 countries, the platform's potential for scaling is immense. The recent $2 million funding will enable QuickSell to expand its team and enhance its product offerings, positioning it well to support small businesses transitioning to online sales.
Future fundraising opportunities seem promising, given the successful Pre-Series A round. QuickSell may attract further investments to continue its growth trajectory. However, the company will need to navigate challenges such as intense competition and the need for continuous innovation to maintain its market position.
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