Ecommerce enabler KartRocket secures near $2-mn funding from Nirvana, 500 Startups

Written by FE Online | New Delhi | Updated: Oct 22 2014, 23:39pm hrs
KartRocketAmong KartRocket?s prominent clients are Da Milano, Uni Style Image, Valyoo Technologies, TantraTshirts, Gaurav Gupta, Gyans, Divani, Karol Bagh Saree House and Latin Quarters. (Reuters)
Ecommerce enabler for SMEs and retailers , Kartrocket, today announced a Series A investment led by technology investor Nirvana Venture Advisors. US-based 500 Startups and Japan-based Beenos (NetPrice) also participated in the financing round.

In July 2013 too, KartRocket had raised their angel round from 5ideas, 500 Startups and angel investor Jatin Aneja.

Over a period of 12 months, KartRocket has grown from 100 customers to 1900.

KartRocket has proven that it can service the Indian SME market by offering end-to-end ecommerce platform on a subscription model, said Rajan Mehra, Managing Director, Nirvana Venture Advisors.

Founded in 2012 in New Delhi, KartRocket provides a do-it-yourself ecommerce platform, focussed on the Indian ecommerce industry and SMEs. With KartRocket, Indian SMEs can launch their web and mobile ready stores with best web and mobile site designs, built-in shipping, payment and multi-channel sales integration.

Among KartRockets prominent clients are Da Milano, Uni Style Image, Valyoo Technologies, TantraTshirts, Gaurav Gupta, Gyans, Divani, Karol Bagh Saree House and Latin Quarters.

Weve already done a lot of heavy lifting in the past year helping design software, integrations and processes to solve pain points in building a website, a mobile site, integrating a payment gateway and most importantly powering automated and cost-effective shipping for Indian SMEs said Saahil Goel, CEO and Co-founder, KartRocket.

KartRocket is already integrated with eBay, Amazon and Snapdeal to allow multi-channel sales. KartRocket has also beefed up its technology architecture by using providers such as Amazon AWS and Akamai for content delivery making it the only such provider in India to offer this. This ensures that merchants websites load faster than ever, both on the web and the mobile, giving the end user an experience at par of that with any leading ecommerce site in India. KartRocket also offers over 100 design templates that work on any screen or device and each template is tailored to different industry needs.

Were seeing great benefits from providing end-to-end services to Indian retailers under one roof, without burning a hole in their pocket, and want to continue along that line of sight said GautamKapoor, COO and Co-founder, KartRocket.com.