VC Fund Investments
Local ecommerce platform Pingthis raises $3.5 M from Elevation Capital
From the Venture Intelligence PE-VC Deal Database: In Oct-20, Bengaluru-based Pingthis, whose app lets users buy products from neighbourhood retailers, had raised USD 3.5 million from Elevation Capital in a seed round. The startup, which helps residents discover, discuss and buy directly from sellers, was incorporated in August 2020. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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