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Fintech Startup Perpule Raises $650,000 Funding from KStart Capital

by Chinmay Bidkar
March 28, 2017
in News
Reading Time: 1 min read
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Fintech Startup Perpule Raises $650,000 Funding from KStart Capital
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28 March 2017, India:

Bengaluru-based fintech startup Perpule, has raised $650,000 from KStart Capital, the seed investment platform of venture capital firm Kalaari Capital.

The round also saw participation from Venture Highway and Raghunandan G, co-founder of TaxiForSure, a company statement said.

Perpule was founded by Abhinav Pathak, Saketh BSV, and Yogesh Ghaturle in September 2016. After realizing the potential of building a fintech platform that busts queues and facilitates easier checkouts, provides a self-checkout, queue management, omni-channel engagement and payment platform for offline stores, they founded the startup.

Also read- EXCLUSIVE: HSBC INDIA LAYS OFF 600 EMPLOYEES!

“Our vision is to ensure that waiting in queues (in supermarkets) is a thing of the past. With improved systems, we are saving the customer’s time and thus improving the overall experience. We have started by enabling self- checkouts via our mobile app at various retail stores such as HyperCITY,” said Abhinav Pathak, CEO, Perpule.

Perpule 1Pay enables mobile app-based self-checkouts and queue management solutions for offline stores which improve the user experience. Customers can use the app to discover stores and the available offers running, this ensures a good connect between the retail stores and its customers.

Also read- WALMART TO OPEN 50 NEW STORES IN INDIA
Tags: fundingInvestmentKStart CapitalPerpule
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Chinmay Bidkar

Curious, Keen Observant & Dynamic! Chinmay finds peace in meeting people who work hard for humanity. He has new found interest in Gadgets and Techs and at Techstory he gets to write about it! Reach out at- [email protected]

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