 "Zopper raises Series-B funding of $20 mn")
Zopper a hyper-local marketplace app for local retailers, has raised series-B funding of $20 million from Tiger Global and Nirvana Ventures Advisors.
The investment will be utilised for bolstering its brand presence across 30 cities of the country, key appointments and technology to accelerate the growth of the company.
Neeraj Jain, Co-founder & CEO, Zopper said: “The concept of hyper local is gaining wide popularity pan-India, hence, we are leaving no stone unturned in meeting the requirements of this rapidly emerging market. With the second round of funding, we wish to fortify our presence in the major cities of India and rope in more retailers to give them higher visibility and provide a satisfying experience to our patrons.”
Zopper secured Series-A funding from Tiger Global and Nirvana Ventures Advisors in June 2014 that was utilised in building a foundation for itself.
The investment will be utilised for bolstering its brand presence across 30 cities of the country, key appointments and technology to accelerate the growth of the company.
Neeraj Jain, Co-founder & CEO, Zopper said: “The concept of hyper local is gaining wide popularity pan-India, hence, we are leaving no stone unturned in meeting the requirements of this rapidly emerging market. With the second round of funding, we wish to fortify our presence in the major cities of India and rope in more retailers to give them higher visibility and provide a satisfying experience to our patrons.”
Zopper secured Series-A funding from Tiger Global and Nirvana Ventures Advisors in June 2014 that was utilised in building a foundation for itself.
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