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  • Mon. Nov 25th, 2024

Previous Flipkart executive Ranjith Boyanapalli’s Flash raises $6.7 million in financing led by Blume Ventures, PeerCapital

Byindianadmin

Sep 20, 2023 #Flipkart, #former
Previous Flipkart executive Ranjith Boyanapalli’s Flash raises $6.7 million in financing led by Blume Ventures, PeerCapital

Synopsis Flash.co supplies customized e-mail accounts and aid with benefits to regular online buyers, with the objective of structure combined digital identities throughout e-commerce platforms for users. The company declares to have actually processed over 1 million orders because the launch of its app in April.ETtechRanjith Boyanapalli, creator & CEO, FlashEcommerce start-up Flash.co stated on Tuesday it has actually raised $6.7 million (about Rs 55.7 crore) in a financing round led by equity capital companies Blume Ventures and PeerCapital. The business, established by previous senior Flipkart executive Ranjith Boyanapalli, supplies services like personalized e-mail accounts and aids with benefits to regular online buyers, with the goal to construct unified digital identities throughout e-commerce platforms for users. The company declares it has actually processed over a million orders given that its app was released in April. Raise Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitIndian School of BusinessISB Product ManagementVisitIndian School of BusinessISB Professional Certificate in Digital MarketingVisitIndian School of BusinessISB Digital TransformationVisitWhile PeerCapital is a current financier in the company, other existing financiers such as White Venture Capital and Emphasis Ventures likewise took part in the round. The start-up stated it intends to utilize the capital for tactical hires and facilities improvements, and is likewise considering worldwide growth by 2024, without offering additional information. “The concept of streamlining a person’s digital commerce lifecycle by unifying it into a single detailed mail box, thus obtaining considerable advantages for the client, is an engaging worth proposal whose time has actually come. We partnered
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