Dukaan, a platform that enables small merchants to set up an online store, has raised $6 million co-led by Matrix Partners India and Lightspeed India Partners. A clutch of angel investors including Haresh Chawla, the founding CEO of Network 18; Shashank Kumar, the founder of Razorpay, and Sandeep Tandon and Kunal Shah, cofounders of FreeCharge, have also backed the company. The fundraise comes at a time when the company is embroiled in a court battle with Sequoia India-backed Khatabook for alleged copyright violation.
Dukaan raises $6 million led by Matrix Partners, Lightspeed India
Date posted: Wednesday 21 October 2020