Indian online shopping startup Chattybao raises $5 million in funding
Chattybao, an India-based startup enabling e-commerce and making it more possible for people to purchase and order online via WhatsApp, has raised $5 million in its new funding round led by Vertex Ventures Southeast Asia and Info Edge Ventures.
- Chattybao connects users to local stores and provides a shopping experience through WhatsApp.
- Through the startup's offering, users can discover, chat, order, and get home delivery from local merchants, without having to download new apps.
- The startup is helping local merchants to compete better with online players in India.
- 7Square Ventures and other angel investors participated in the round.