Info Edge (India) to invest Rs 10.4 cr in Gurgaon based Dotpe (Dot)

Info Edge (India) announced that IE Venture Fund I has entered into an agreement to invest about Rs. 10.4 crore equivalent to USD 1.45 million in Dotpe (Dot). The target company was incorporated on 21 May 2019 and is engaged in empowering brick & mortar businesses with technology by enabling online catalogue discovery, instore ordering, deeper customer engagement and online payment experience. Company's vision is to enable offline enterprises to drive digital transformation in turn significantly improving offline experience and engaging closely with their customers to sell more, sell directly and sell efficiently.

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