Angel Investments
Interactive e-commerce platform ShopConnect raises $1.5-M
ShopConnect, an interactive e-commerce and video collaboration platform has raised $1.5 million in pre-series round funding from IBS Technology & Consulting Services, the holding company of V K Mathews, founder and executive chairman of IBS Software. The company intends to use the funds to expand its business in India, US and EMEA (Europe, Middle East, and Africa) markets. This would also help it to accelerate its product and technology innovation and invest further in R&D initiatives to constantly improve its IP assets portfolio. ShopConnect enables brands and retail merchants of all sizes to build next-generation online stores to give a highly immersive and collaborative user experience with features such as live video shopping and hyper-personalisation to increase buyer engagement and future-proof their businesses.
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