goodbox_funding

Goodbox, a chat-based app for buying both products and services, raised $2.5 million (around Rs 16.5 crores) in a Series A (first) round from venture capital firm Nexus Venture Partners, the company said in a statement on Wednesday.

Bengaluru-based Goodbox allows businesses to create mobile commerce-ready stores providing seamless discovery, ordering and payment.

In May this year, the startup had earlier raised around $200K in seed-funding from the Manipal Group, Aprameya Radhakrishna (co-founder TaxiForSure) and Charan Padmaraju (co-founder redBus).

Goodbox was founded in 2014 by Abey Zachariah (ex-redBus core team), Anand Kelaginamani (IIM-B), Charan Raj (ex-Accenture), Mahesh Herle (ex-National Instruments), Mayank Bidawatka (ex-redBus core team and co-founder The Media Ant), Mohit Maheshwari (IIM-B) and Nithin Chandra (NIT-K and IIM-B).

Goodbox provides businesses with an app presence within minutes, along with a payment gateway. Any businesses can host their menu on the Goodbox app and create their business profile and start conducting commerce with their consumers.

For consumers, Goodbox app is the one place to deal with their trusted businesses. These businesses could be either neighbourhood stores or some business you discovered on Goodbox - be it renting a Harley or ordering a themed birthday cake. They can chat with a business of interest, order and pay them on the app itself.

Currently, Goodbox is operational in Bengaluru with over 1,200 merchants signed up, including supermarkets, restaurants, laundry chains, rental providers and the like.

Post a Comment

Previous Post Next Post
Like this content? Sign up for our daily newsletter to get latest updates.