Kartrocket raises seed investment from 5ideas Startup Superfuel and 500 Startups

Kartrocket raises seed investment from 5ideas Startup Superfuel and 500 Startups

Tuesday July 23, 2013,

2 min Read

Kartrocket a do-it-yourself ecommerce platform received funding from 5ideas Startup Superfuel, 500 Startups and angel Jatin Aneja. This portal has been launched by Delhi-based retail startup BigFoot, co-founded by Saahil Goel, Gautam Kapoor and Vishesh Khurana. The site aims to help Indian SMEs launch their online sales by providing storefront designs, domestic and international payment options, shipping tie-ups with domestic and international logistic carriers. Stores on Kartrocket are mobile ready and can be used by Indian SMEs to sell across web and mobile devices.

Kartrocket also helps SMEs sell more by integrating with marketplaces like Ebay and Amazon. With in built marketing features like coupons, viral marketing tools, gift certificates, Facebook selling, automatic onsite SEO and more, Kartrocket wants to be the smartest DIY platform for merchants. Merchants can buy a basic store on Kartrocket for Rs 500 per month and get a fully loaded one for Rs 7000 per month.

The startup launched its public beta in January this year and has since then acquired over 100 paying customers and more than 500 trial customers. Some prominent brands running their ecommerce stores on Kartrocket are DaMilano, designer Gaurav Gupta, Gyans, Karol Bagh Saree House and Valyoo Technologies among others. Kartrocket will use this seed round to lay the foundations for scaling sales, service and technology.

Commented Pearl Uppal and Gaurav Kachru of 5ideas Startup Superfuel. “We believe the Kartrocket product and team has the capability to revolutionize the ease with which Indian SMEs can launch world class web and mobile ready stores. Their consumer insight coupled with superior technology and product has created a platform that can uniquely serve Indian SMEs with a one-stop solution across store design, payments, shipping and traffic generation.”

Pankaj Jain, Venture Partner at 500 Startups said: “The ability to sell across multiple markets and countries plus being able to manage the whole process from one dashboard is critical for retailers. It allows them to cost effectively scale their sales and operations with ease. The Kartrocket team has built a platform that solves a tremendous pain point for retailers demonstrated by their early customer base.”