The undisclosed amount of funding is Couponhaat’s first Pre-Series A funding. Axel Wawrina, an investor based out of Europe has invested in the company.
NEW DELHI: Couponhaat, a Delhi based start-up and an e-commerce company which provides best coupons and deals for online shoppers receives funding from a private European Investor.
The fund-raising drive is in sync with its expansion plans and increasing the team size with an aim to achieve more milestones.
Since the time of its very inception in the month of April 2015, Couponhaat has managed to cater to the growing demands of its huge consumer-base for best discounted coupons and deals by being self-funded so far. Couponhaat has raised its graph tremendously and attracted over 1 million hits on the website in a very short span of time.
“Through this fund raising, we are pursuing a long-term vision to increasing our time-size and enhancing our operational efficiency by taking it to the next level. We’re enabling best-in-class customer experience while providing our customers a handful of opportunities to grab the best deals and coupons on their favourite brands across the Indian e-commerce marketplace,” says Vipin Kumar Yadav, Founder & CEO, Couponhaat.
Couponhaat has a healthy subscriber-base of more than 450,000 members of its daily newsletter.
Couponhaat is setting new trends into the world of online shopping by connecting its customers directly to the best deals offered by Indian e-commerce players. With an innovative approach to benefit both the buyers and brands simultaneously, Couponhaat offers more than 300,000 coupons to redeem and 9000 live coupons, thousands of product pages and countless deals listed on the site.
“We are delighted to give our support to young, dynamic and enthusiastic team of Couponhaat. We look forward to building a bright future for the rapidly evolving start-up, which has established its unique identity as a leading e-commerce enabler in a very short period of time. We believe that under the leadership of Vipin Kumar Yadav the brand can go a long way,” says Axel Wawrina.
Emerging as a one-stop platform for the shopping-lovers, Couponhaat enables its customers to avail unique online shopping experience in a time and cost-efficient manner. Customers can further explore the Couponhaat mobile app, that lets the user browse the offers even if he/she is offline.