your password has been reset successfully, Please login again.

Checkers India Technology Garners INR7.6 Crore in Angel Funding Round

Checkers India has obtained money from Gautham Madhavan, who is an angel investor and a director at Florintree Advisors
BY BEx Bureau
Mar 23, 2020

Checkers India Technology Pvt. Ltd has recently garnered INR 7.6 crore in the latest funding round.

Checkers India Technology Pvt. Ltd, which operates business-to-business platform Excess2Sell, has raised $1 million (INR 7.6 crore at current exchange rates) in funding, VC Circle reported citing the companys official statement.

The company has obtained money from Gautham Madhavan, who is an angel investor and a director at Florintree Advisors. According to this business deal, he will be part of the companys board of directors.

Besides Excess2sell, Madhavan has made infusions in companies working in diverse segments like media and entertainment, merchant banking, realty estate, and non-banking finance.

The Mumbai-based company says that it concentrates on excess inventory liquidation. Its platform renders a smart business assistant for virtual aid sellers as well as buyers. It was established in 2016 by Rajan Sharma, Anant Chaturvedi, and Navinder Chauhan.

It will use the capital to enhance its technological infrastructure, as well as expand its geographical reach and the number and variety of B2B buyers and sellers registered on its platform, Excess2sell said in its official statement.

The company has a presence in more than 50 cities in India. It decides to expand its nexus to over 100 locations in the offing.

Please add your Comment
March 14, 2020
Boongg, the bike rental startup will employ funds to augment its technological platform and realize ...More
By Jaspreet Kaur
March 03, 2020
The F&B company aims to have a multi-city presence in the coming 18 months, with a target of seven c ...More
By Jaspreet Kaur
February 28, 2020
MinionLabs essentially gives real-time understanding of energy consumption in electric appliances ...More
By Jaspreet Kaur
January 28, 2020
Yolo TravelTech Pvt. Ltd has garnered the capital from angel investors and venture capital firm ...More
By Jaspreet Kaur
January 06, 2020
The firm is targeting a delivery capacity of over 10 lakh square feet by March 2023 and is also plan ...More
By Jaspreet Kaur
December 20, 2019
Witblox offers robotics-based academic learning for children between the age group of 8-16 years via ...More
By Jaspreet Kaur
October 19, 2019
Super Smelly primarily concentrates on the personal-care hygiene requirements of the millennials. ...More
By Jaspreet Kaur
August 26, 2019
Lo! Foods, which is administered by Bajo Foods Pvt. Ltd, proclaims to decrease the rate of diabetes ...More
By Jaspreet Kaur
August 21, 2019
The company will employ funds for business expansion and to release a new product, Explorazor. This ...More
By Jaspreet Kaur
July 24, 2019
The e-vehicle company proclaims to have a capacity to produce 100 heavy vehicles, and can produce mo ...More
By Jaspreet Kaur
July 11, 2019
The company manufactures and sells menswear clothing online; It performs the entire manufacturing an ...More
By Jaspreet Kaur
July 04, 2019
Women’s hygiene device maker, Sirona obtained investment from Indian Angel Network (IAN). ...More
By Jaspreet Kaur