Info Edge Invests ₹14 Cr in Agritech Startup Gramophone and ₹6 Cr in ShoeKonnect
10 April 2019 7:03 PM IST
Info Edge (India) Ltd, the parent firm of Naukri.com and 99acres.com, has invested additional capital in its existing portfolio companies -- Agstack
- Info Edge (India) Ltd, the parent firm of Naukri.com and 99acres.com, has invested additional capital in its existing portfolio companies - Agstack Technologies (Gramophone) and ShoeKonnect .
- While Indore-based Agstack Technologies, which operates online marketplace for farmers Gramophone , has secured ₹ 14 crore, Agra-based Bizcrum Infotech, which owns & operates ShoeKonnect, a B2B mobile app for Footwear Industry, has secured ₹ 6 crore.
- Started by IIT Kharagpur graduates, Gramophone is a technology enabled marketplace (as a website www.gramophone.in and mobile app 'Gramophone') for enabling efficient farm management by providing information to farmers and sell agricultural products as well.
- ShoeKonnect aids footwear brands, manufacturers, wholesalers and retailers to connect, communicate and transact for conducting and expanding their business.
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