Ecommerce enablement startup, Shopflo raised $2.6 million in seed led by Tiger Global and TQ Venture
Ecommerce enablement startup, Shopflo raised $2.6 million in seed led by Tiger Global and TQ Ventures where Better Capital as well as a pool of angel investors from the Indian startup ecosystem also participated.
Shopflo provides a platform that enables direct-to-consumer (D2C) brands to improve their checkout experience and conversion rates on their own websites. It also contributes to personalising these checkout experiences for customers across brands. Currently, the startup has partnerships with six merchants, including D2C firms and a rollup commerce brand. This fiscal year, the company intends to expand its product to 150 online merchants and process up to $300 million in gross merchandise value (GMV) checkouts.