Gurgaon based e-commerce startup AllSchoolStuff.com raised angel funding from Angel Investors Consortium. The size of the investment is not disclosed.AllSchoolStuff.com offers parents and teachers a variety of branded products to meet their educational supply needs.
The investment shall be primarily used for setting up infrastructure, expanding the team, customer acquisition and streamlining the supply chain.
AllSchoolStuff was founded by Manoj Chandra and Ankur Dinesh Garg in September 2011, and is now a team of 50 people. Currently, the firm manages their own warehouse in Gurgaon, and will soon set up warehouses in Bangalore and Mumbai.
Speaking about traction, Manoj said, “30% of our customers are repeat buyers. Currently, we ship 50 orders per day, and 50% of the customers are from non-metros, as they are really excited by the wide variety available to them.”
They soon plan to add uniforms, shoes, bags and bottles, and advanced learning tools such as robotics to their catalogue.
Speaking about the investors, Manoj added that the network they bring in is of immense value.
For further details, please visit http://www.allschoolstuff.com