Technology

Brandverse, a Pakistani e-commerce business, has received a multi-million dollar investment.

A Pakistani e-commerce enabler dubbed 'Brandverse' just received a multi-million dollar investment in a seed fundraising round headed by JS Group.
 
The firm focuses on advancing brands in the e-commerce ecosystem. Furthermore, the firm has released a smartphone app called 'Chikoo,' which assists small companies in going digital for free. The software is accessible for both Android and iOS devices.
 
JS Group expressed the following about Brandverse's latest accomplishment:
 

“We are thrilled to announce our investment into Brandverse to further strengthen its Chikoo app which enables both offline, hyper-local, and on-demand e-commerce across the retail value chain.”

“Brandverse has the largest proprietary data of digital products in Pakistan, which allows retailers to come online on the Chikoo app in less than a minute. Chikoo app has seen massive adoption by small business and is tracking double digit growth MoM. Congratulations Raza Matin & Faizan Siddiqi on closing your seed round. We believe in your immense potential and are very excited to partner with you.”

Chikoo's new app is designed to help shops accept and make orders for clients, as well as track sales and inventory, making it the all-in-one tool for all e-commerce applications. Furthermore, the software allows small companies to share their items on various social networking networks.

 






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