Goodbox, a conversational-commerce mobile app has raised $2.5mn from Nexus Venture Partners. Goodbox allows businesses to create a commerce-ready store within minutes that provides seamless discovery, ordering and payment. Consumers can buy from their trusted stores across multiple categories without having to download multiple apps. The company had earlier raised seed funding from the Manipal Group, Aprameya Radhakrishna (co-founder TaxiForSure) and Charan Padmaraju (co founder redBus). The current funds will be used for merchant acquisition and building the team.
Goodbox is operational in Bangalore with over 1200 merchants already signed up, including supermarkets, restaurants, laundry chains, rental providers, movers & packers, canteens, salons and thali services. The company’s mission is to get every business to create their store on the app and make that their primary way to interact with consumers.
Sandeep Singhal, Co-founder & MD, Nexus Venture Partners says, “Goodbox is empowering businesses by getting them online and helping them engage with their customers. We are excited about partnering with a team that has great product thinking and proven operational strengths.”
Abey Zachariah, Co-founder & CEO, Goodbox said, “At Goodbox we are committed to enabling businesses with technology by giving them a ready store on our app in a matter of minutes. We wanted to partner with someone who believes in our vision and is willing to support us in accomplishing the gargantuan mission we’ve set for ourselves. We found such synergy of thought with Nexus Venture Partners. The funds will be earmarked for our expansion in the coming months.”
