DotPe raised $27.5 mn in Series A from PayU, Info Edge Ventures, Google

Offline-to-online commerce platform DotPe, has raised $27.5 mn in Series A funding, making it the first O2O company in India to receive such a substantial amount within a year of launch. The round was led by its early investor, PayU, the payments and fintech business of Prosus, resulting in an increase in the existing stake in the company.

DotPe has successfully digitised enterprises as well as SMB customers through a full-stack solution, from giving them an online presence to enabling seamless ordering (in-store and remote), online payments and delivery. Claims to have deep integration with 10,000+ restaurants and food courts, including leading global and domestic FnB brands.

The fresh funds will be deployed towards accelerating product development, market expansion and scaling technology to meet the fast-growing market demand. “We are thrilled to see our existing investors, PayU and Info Edge Ventures, backing our vision and doubling down on their funding as new business horizons open up. We are pleased to add Google, an innovation leader, as an investor," said Shailaz Nag, Co-founder, DotPe.

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