Delhi Based Reviews42 raises a Series A funding round
Delhi based Consumer Products Research platform Reviews42 has raised an undisclosed amount of Series A funding from Nirvana Venture Advisors and Rahul Khanna (Managing Director, Canaan India) and few other undisclosed individual investors. Existing investor Blume ventures also participated in this round while VenturEast exited. Rajan Mehra and Amit Patni from Nirvana Ventures joined the Reviews42 board along with Karthik Reddy from Blume Ventures.Reviews42, founded by Neeraj Jain and Surjendu Kuila in 2011, offers a large catalogue, user reviews, price comparison and expert opinions to help consumers buy the right product.
Regarding the utilization of the funds raised, Surjendu Kuila, co-founder of Reviews42, said "This fund would be utilized to build India's largest catalogue in the next 4 months and technology to seamlessly integrate offline retailers."
Also read about the awesome startup employee from Reviews42.