Unicommerce Raises $10M in Funding

unicommerceAccording to reports, Unicommerce, a New Delhi, India-based provider of ecommerce management software and fulfillment solutions, raised $10m in funding.

TigerGlobal LLC made the investment.

The company intends to use the funds to expand its geographical presence and increase its sales and marketing efforts.

Founded in 2012 by Ankit Pruthi, Karun Singla and Vibhu Garg, Unicommerce provides e-commerce merchants with an online multi channel order fulfillment platform to manage different aspects of the process including procurement, vendors, inventory, warehouses, shipping, drop shipments,
It is used by e-commerce marketplaces like Jabong, Snapdeal, Lazada as well as other hundreds of Small and Medium sized online sellers.
The company had previously raised funding from Nexus Ventures Partners.

FinSMEs

07/11/2014

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