Dukaan Raises $11M in Pre-Series A Funding


Dukaan, a Bengaluru, India-based platform for merchants with zero programming skills to set up their e-commerce site, raised $11m in pre-Series A funding round.

The round was led by 640 Oxford Ventures with participation from Snow Leopard Ventures, Lightspeed Partners, Matrix Partners India, Venture Catalyst, HOF Capital, Old Well Ventures, LetsVenture, 9Unicorns and angels Ritesh Agarwal, and Carl Pei.

The company intends to use the funds to expand its business reach and technology efforts.

Co-founded by Subhash Choudhary (left) and Suumit Shah, Dukaan providesa a DIY platform that enables merchants to launch an e-commerce web site using their smartphone, customize them in terms of design and functionality including digital payments. It can be used by businesses of any size, volume, and geographical location.