Global personal commerce frontrunner, QuickSell, raises $2 million in Pre-Series A round

Mumbai, India, June 8th 2021: QuickSell, a mobile-first commerce suite, today raised $2 million as a part of their Pre-Series A round from InfoEdge Venture Fund and BEENEXT. This investment will primarily be used for scaling the business, team expansion, and product enhancements.

QuickSell is the world\'s first personal commerce platform that?s designed to enable small businesses owners to sell online and offline faster by giving them an ability to curate catalogues as well as live track user behavior, thereby enhancing a customer?s overall experience in real-time. QuickSell is winning with 600k+ organic users across 100+ countries through their industry-first and one-of-a-kind personal commerce suite.

?As omnichannel becomes a norm, we expect trade partners like wholesalers, stockists and resellers to embrace digital platforms and continue to play a vital part in supply chains. QuickSell?s mobile-first platform focuses on specific requirements of this target segment and as these B2 B merchants start using digital tools to manage their day to day business, they become an attractive market opportunity for DIY platforms like Quicksell to pursue.? says Amit Behl, Partner, InfoEdge Venture Fund

?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 customers. This approach is empowering small biz owners to engage their customers like never before by giving them enterprise-level capabilities through personalised catalogues at hyper-scale. We believe that in the digitisation journey of commerce for SMBs, QuickSell will define new standards for user engagement and retention for millions of businesses across the world.? said Chinmaya Saxena, Venture Partner, BEENEXT

?We are a design-focused company and through QuickSell we want to bring great design to tools that SMBs can use every day to run their business. When merchants see our product for the first time, they feel like it?s made specially for them. When a product is able to evoke strong positive emotions from people, word of mouth follows naturally - which has led us to have a global customer base in 100+ countries without any marketing spend! Using QuickSell, our users are able to grow, engage, retain, and monetise 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.? said Deepak Bhagchandani, Founder & CEO, QuickSell.

The pandemic severely affected several SMBs and a large portion of them were eager or compelled to make the transition to selling online. Being a mobile-focused suite with a desktop extension, QuickSell has been able to help small biz owners sustain their business amidst recent market disruptions. It primarily caters to SMBs selling different types of visual and design-oriented products like jewellery, clothing, handicrafts, home decor, etc. enabling owners to sell via their mobile.

To know more about how QuickSell is empowering businesses, click here shorturl.at/puBFT

About QuickSell:

QuickSell was founded in 2017 by Deepak Bhagchandani who believes in creating simple solutions to complex problems using ?design thinking?. QuickSell is an advanced product cataloguing, communication and commerce suite built for small businesses worldwide selling different types of visual and design-oriented products like jewellery, clothing, handicrafts, home decor, etc. enabling them to sell their products seamlessly on mobile.


About InfoEdge:

Info Edge Ventures is an early-stage venture capital fund backed by Info Edge and Temasek. The firm invests as the first or second institutional cheque in Seed to Series A technology companies across consumer, enterprise, healthcare, and fintech, with significant capital reserved for follow-ons. They are long-term patient capital with a holding period of more than a decade. The team has previously deployed over $300mn across 25+ early-stage startups, where they are the first investors and continuing large shareholders of market-leading companies like Zomato and Policybazaar. The new fund has invested in thirteen startups in social commerce, digital media, fintech, edtech, healthtech, gaming and SaaS.

About BEENEXT:

BEENEXT is a Venture Capital fund managed by serial entrepreneurs that focuses on assisting founders with its operational experience, network, trust, unique perspectives, and the capital. The team invests in early-stage tech start-ups that are focused on building the new digital platforms driven by the data network. BEENEXT aims to establish a platform of founders, by the founders and for the founders across the globe, primarily in South East Asia, India and Japan. Since its establishment in 2015, the team has invested in over 200 companies globally.

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