📺 Stream EntrepreneurTV for Free 📺

SaaS Platform Shipturtle Raises INR 3.5 Crore In Seed Funding The funds will help the company strengthen its technology and expand its customer reach globally

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

Shipturtle, a global SaaS platform, has raised INR 3.5 crore in a Seed funding round led by Inflection Point Ventures. The funds will help the company strengthen its technology and expand its customer reach globally. The startup aims to become the world's largest brand directory, making it easy for brands to discover and cross-sell with other brands.

"Our vision is to enable brands to Sell More Together. We want to democratise e-commerce and give thousands of brands access to more selling channels beyond Amazon and Flipkart. With Shipturtle, any brand can seamlessly offer other complimentary brands to their customers - increasing AOV, conversions and revenue, while lowering CAC - all with zero investment or risk," said Sharad Kabra, founder, Shipturtle.

Shipturtle's plugin easily integrates with established cart platforms like Shopify and WooCommerce. It helps brands and marketplace players (including B2C, B2B, C2C, hyperlocal and social platforms) discover other brands on ShipTurtle's brand directory and connect with them with a no-code onboarding process. Once connected, ShipTurtle handles all the workflows related to products, inventory, orders, and payments making it easy for brands and marketplaces to grow their business, according to an official statement by the company.

"We are excited to work with Sharad as Shipturtle is built from the learnings of one of the country's largest gardening marketplaces, myBageecha.com. Shipturtle's full stack marketplace creation solution enables launching of a marketplace in minutes and scaling operations: streamlining and automating of inventory data, orders, payments, shipping operations and dashboards making them a critical enabler for e-commerce including D2C brands," said Ivy Chin, partner, Inflection Point Ventures.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."

Business News

These Are the 10 Most Profitable Cities for Airbnb Hosts, According to a New Report

Here's where Airbnb property owners and hosts are making the most money.

Side Hustle

How to Turn Your Hobby Into a Successful Business

A hobby, interest or charity project can turn into a money-making business if you know the right steps to take.

Science & Technology

Service as a Strategy — How to Build a Sustainable, Future-Ready Tech Business

The benefits of transitioning from traditional SaaS models to service-based models — and how to do it successfully.

Business News

Samsung's New Ad Pokes Fun at Apple's Controversial 'Crush' Ad

Creative universes overlap in a new ad from Samsung.

Productivity

Want to Be More Productive? Here's How Google Executives Structure Their Schedules

These five tactics from inside Google will help you focus and protect your time.