Beenext joins $2m round of Indian mobile commerce platform for SMBs

India-based QuickSell, a mobile commerce provider for small and medium-sized businesses (SMBs), said it has raised US$2 million from InfoEdge Venture Fund and Beenext as part of its pre-series A financing round.

Deepak Bhagchandani, founder and CEO of QuickSell / Photo credit: QuickSell

The fresh funds will be used to scale QuickSell’s business, expand its team, and enhance its product.

Founded in 2017, the company offers product cataloguing, communication, and ecommerce tools built for small businesses that sell design-oriented products like jewelry, clothing, handicrafts, and home decor, among others.

“When a product is able to evoke strong positive emotions from people, word of mouth follows naturally, which has led us to have a global customer base in over 100 countries without any marketing spend,” said Deepak Bhagchandani, founder and CEO of QuickSell.

According to the company, it currently has about 600,000 organic customers on its platform. It expects trade partners including wholesalers, stockists, and resellers to leverage its digital platform and play a vital part in its supply chain.

QuickSell aims to support SMBs that are affected by the ongoing pandemic who are compelled to make the transition to selling their products online. The firm has been able to help companies sustain their operations through its mobile-focused suite, which comes along with a desktop extension.