Representative image 
Business

Tiger Global invests in SaaS platform Shopflo

Priy Ranjan, CEO-Co-founder, Shopflo said, “Most of these D2C merchants build their websites using no-code tools which are great for smaller merchants. We are targeting the merchants in the middle.”

DTNEXT Bureau

MUMBAI: Shopflo, a SaaS platform easing checkout experience for D2C brands has got $2.6 mn in its seed funding from Tiger Global and TQ Ventures.

Better Capital and a pool of angel investors also took part in the round. Tiger Global has made the investment at a pre-product stage.

D2C merchants see over 70 pc customer drop off between add to cart and purchase steps.

Shopflo offers a seamless and minimum cognitive load experience to the consumers.

Priy Ranjan, CEO-Co-founder, Shopflo said, “Most of these D2C merchants build their websites using no-code tools which are great for smaller merchants. We are targeting the merchants in the middle.”

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

Nine killed as SETC bus tyre bursts, rams into two cars in Cuddalore

Temporary stoppage announced for select Express trains at Srirangam

Seasoned goalkeeper Savita Punia likely to retire after 2026 Asian Games

Central grant to milk cooperatives not taxable income: Madras High Court