At a Glance
QuickSell, a B2B mobile commerce platform helping SMBs to communicate their product faster and better, has raised $2M in a pre-Series A round co-led by InfoEdge Venture Fund and BEENEXT.
Mumbai-based QuickSell, a B2B mobile commerce suite platform, has raised $2M in a pre-Series A round co-led by InfoEdge Venture Fund and BEENEXT, reports state. The proceeds raised shall be used to scale its business, expand its team, and enhance its product features.
In its fundraising venture, QuickSell had raised $225K in a pre-seed round in 2017 as per Crunchbase. According to Deepak Bhagchandani, founder and CEO of QuickSell, when a product evokes solid and positive emotions from people, it grows in popularity, which has led the QuickSell team to set up a global customer base in over a hundred countries without the need to spend on marketing its product.
Founded in 2017, QuickSell helps small business owners to sell faster (online and offline) by enabling them to communicate their product offerings via an intelligent catalog with inbuilt real-time customer insights and quick order booking. Mr. Bhagchandani opined that merchants, upon using QuickSell’s products for the first time, feel it was specifically designed for them.
“Using QuickSell, our users are able to grow, engage, and monetize their customer base effectively through the ease of their mobile phone. We are grateful to have partners like InfoEdge and BEENEXT who believe in our vision to fundamentally change the way SMBs do business,Deepak Bhagchandani, founder and CEO of QuickSell
Amit Behl, Partner, InfoEdge Venture Fund, opined that when omnichannel business methods become the norm, enabling wholesalers, stockists, and other resellers to transit to digital platforms, they become an attractive market opportunity for platforms like Quicksell, which focuses on specific requirements of this target segment.
According to Chinmaya Saxena, venture partner at BEENEXT, QuickSell defines new standards for user engagement and retention for millions of businesses worldwide.
As a VC, we are always looking to work with founders who are focused on product-led transformation in their target segments. QuickSell is bridging the missing link in the SMB story. What stands out most about QuickSell is their focus on improving retention through building a great user experience for their end customersChinmaya Saxena, venture partner at BEENEXT