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Nilekani invests Rs 30 cr in 10i Commerce Services

Invests Rs 25-30 cr in the Bengaluru startup, his first in an e-commerce firm

Nandan Nilekani
Nandan Nilekani

Infosys co-founder Nandan Nilekani has backed 10i Commerce Services, an e-commerce start-up which has started a model of getting many small vendors sell products and services on a language-friendly smartphone app for local users in remote parts of the country. He has invested Rs 25-30 crore in the one-year-old start-up, founded by Amit Sharma and Apoorva Jois. Sharma and Jois had earlier built the private label e-commerce firm, Go Untucked. 10i is the first e-commerce firm that Nilekani, a prolific investor, has supported. The Bengaluru-based start-up recruits small vendors in ...