E-commerce Logistics Enabler Chhotu.in Raises Half A Million Dollars from Super Angels
Delhi based startup Chhotu.in raised half a million dollars from Super Angels, a group of angel investors consisting of marquee technology entrepreneurs like Deep Kalra, Naveen Tewari and well-known angel investors like Sasha Mirchandani.
The investment shall be used for geographical expansion. Currently, Chhotu.in, with a 100 people strong team, is operational in 8 Indian cities and plans to add 5 cities in the next 3 months.
With 30 e-commerce customers already, Navneet Singh, co-founder, Chhotu.in says that they are looking to acquire top 5 e-commerce companies as customers soon.
Chhotu.in offers delivery and COD along with warehouse services for e-commerce companies. By next month, they plan to launch their packaging services as well.
“We plan to raise Series A by Quarter 2”, says Navneet confidently.