A Pakistani e-commerce enabler known as ‘Brandverse’ just received a multi-million dollar investment in a seed funding round led by JS Group.
The company’s main focus is on boosting brands in the e-commerce space. In addition, the company has introduced a mobile app called ‘Chikoo,’ which assists small businesses in becoming digital for free. Both Android and iOS versions of the software are available.
The following is what JS Group had to say about Brandverse’s recent achievement:
“We are thrilled to announce our investment into Brandverse to further strengthen its Chikoo app which enables offline, hyper-local, and on-demand e-commerce across the retail value chain.”
“Brandverse has the largest proprietary data of digital products in Pakistan, which allows retailers to come online on the Chikoo app in less than a minute. Chikoo app has seen massive adoption by small business and is tracking double digit growth MoM.
Congratulations Raza Matin & Faizan Siddiqi on closing your seed round. We believe in your immense potential and are very excited to partner with you.”
Chikoo’s new app allows shops to accept and create orders for clients, as well as track sales and inventory, making it the all-in-one tool for all e-commerce apps.
Small companies can also use the app to share their items on various social media sites.
To read our latest blog on SenseTime being placed into US blacklist, click here.
