Shopflo, a Bengaluru, India-based SaaS platform, announced that it raised $2.6 million in its Seed funding from Tiger Global and TQ Ventures. Better Capital and a pool of other angel investors also participated in the round.
This funding from Tiger Global makes a first of its kind for the investment firm for a startup at a pre-product stage.
Company: Shopflo, Inc.
Raised: $2.6M
Round: Seed Round
Funding Month: May 2022
Lead Investors: Tiger Global and TQ Ventures
Additional Investors: Better Capital
Company Website: https://shopflo.com/
Software Category: Ecommerce
About the Company: Founded in 2021 by Priy Ranjan, Ankit Bansal, and Ishan Rakshit, Shopflo is an Ecommerce enablement startup that provides a platform that allows direct-to-consumer (D2C) brands to improve their checkout experience at their own websites and improve conversion rates. shopflo aims to supercharge conversions for e-commerce websites at the checkout by improving user experience, helping build stronger intent and trust during the purchase.
Source: https://www.freepressjournal.in/business/shopflo-raises-26-mn-in-seed-funding-from-tiger-global-tq-ventures