IndaBox, a Turin, Italy-based service that allows consumers to pick up their products acquired online in bars, raised €350k in funding.
Club degli Investitori, which had previously invested in the company in July 2013, committed the sum.
The company intends to use the funds to continue to expand operations.
Led by Giovanni Riviera, CEO, IndaBox provides a platform that enables consumers to pick up products they bought online in choosen IndaBox Points, nearby bars which are part of the company’s network. IndaBox’s network currently amounts to 500 bars, and receiving offices, which can join the product in order to increase revenue adding to the ones coming from main activities.