With this collaboration, Google can have access to over 330,000 point-of-sale terminals in over 3000 towns in India.
Accelerator focuses exclusively on retail and food tech startups in India
NEPL will utilize the funds for investment into marketing and distribution and consolidation of group entities.
The combined entity will have a presence in 15 markets, acquire 500K customers with $10 million in revenue & $2 billion GMV in 2019
The funding is being used for product development, team building and brand marketing. GamingMonk has grown its user base by 500% in the last six months.
Healofy has created a strong community of over 500,000 Daily Active Users (DAUs) on their mobile app exhibiting strong engagement and retention.