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Manufacturers of consumer goods have to deal with millions of stores, but most often they are not able to track the transactions between distributors and retailers on a real-time basis. BeatRoute is a SaaS (software as a service)-based mobile app platform, which facilitates last-mile trade between consumer packaged goods companies, distributors, and retailers.Last week, the start-up raised an undisclosed amount of investment in the pre-Series-A round from Quarizon, an accelerator fund. The start-up is a cloud-based platform that manages last-mile coverage by field force transactions between retailers and distributors. It is a combination of a web portal and a smartphone app. The app is equipped with GPS and camera-enabled features, and caters to multiple industry verticals. The app closes the loop between field activity planning, execution and insightful analytics. Its key focus is on consumer packaged goods companies, their distributors, and millions of mom-and-pop stores.It works wit
Students have limited spending power. However, no platform deals exclusively for students.BigDeal plans to fill that vacuum and connect students with merchants.Last week, it raised an undisclosed amount of money in a pre Series-A round from EVC Ventures. The round was led by Anjli Jain, managing partner, EVC Ventures.It offers deals to students across sectors like food & beverage, travel, mobile recharges and e-commerce platforms. Discounts ranges from five to 40 per cent, depending on segment.The company makes money by charging its merchants a commission on every transaction, which varies from one to 20 per cent. Currently, it offers deals from about 500 merchants, which includes Amazon, Flipkart and Paytm.The start-up, founded in October 2015, by Aashish Singh, will use the funding to expand the team and enhance its technology, customer and merchant acquisition.Recently, the start-up upgraded its I-MADE platform, a government-academic -industry initiative to help educational ins