Dukaan, a platform that enables small merchants with no programming skills to setup an online store in 30 seconds, has announced that it has raised $11M in a pre Series A round led by 640 Oxford Ventures, with participation from existing investors Snow Leopard Ventures, Lightspeed Partners, and Matrix Partners India.
Venture Catalyst and new venture firms HOF Capital, Old Well Ventures, LetsVenture, 9Unicorns and a number of high-profile executives also participated in the funding round, including Oyo’s Ritesh Agarwal; Carl Pei, Co-founder and CEO of Nothing.
The funding will allow the startup to expand operations, while building its team of highly skilled designers and developers.
