MatraMatri.com, a New Delhi, India-based price comparison portal, received $1m in funding.
A private equity investor – whose details will be made public after all documentation is closed – provided the funding.
The company intends to use the funds to add more features to portal and mobile apps and increase its marketing efforts.
Led by Kamal Singh and Kirti Parashar, MatraMatri.com is a price comparison portal with 100+ online marketplaces listed, which allows customers to choose products at the best price. The new features of the platform will assist customers in the buying process by presenting the best options at the most cost effective price.