GoCoop Solutions and Services Pvt. Ltd., a Bengaluru, India-based online global marketplace for co-operatives and community-based weavers and artisans, closed a Series A fundingof undisclosed amount.
Backers included Infosys co-founder Kris Gopalakrishnan, Saha Fund and existing investors Unitus Seed Fund and Indian Angel Network.
The company will use the funds to enhance its technology platform and expand its customer base.
Led by Siva Devireddy, CEO, GoCoop operates a tech powered global marketplace for co-operatives and community-based weavers and artisans. With a presence in over 40 craft clusters, and plans to expand to over 100 craft clusters across the country in the next 24 months, the company has already processed over 5,000 orders since August 2014, 40% of which are international and includes orders from fashion boutiques, retailers, brands and apparel manufacturers.