Couponhaat receives Pre-Series A funding from European Investor Axel Wawrina
Delhi-based start-up Couponhaat, which is into in the business of coupons and deals for online shoppers, received funding from a private European Investor recently. 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.
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 fundraising, 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 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,” remarked 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.
Recently, new exciting features have been added to the app that subsequently enables buyers to shop from more than 20 shopping categories and benefit from more than 9000 discounted coupons. Couponhaat plans to use the fund to develop new features which will be based on Big Data and Machine learning. This would ultimately help in enhancing customer experience.