AAA KartRocket ignites with $6m

KartRocket ignites with $6m

Bertelsmann India Investments a subsidiary of media group Bertelsmann, has led a $6m round for India-based e-commerce services startup KartRocket, the Economic Times reported on Monday.

E-commerce company Beenext also participated in the round, as did Nirvana Digital India Fund, Nirvana Digital Investment Holding and 500 Startups.

KartRocket’s platform helps mall to medium-sized businesses establish web presences by setting up a web and mobile site and adding payment, logistics and marketing tools. Beenext, then called Beenos, 500 Startups and Nirvana Venture Advisors supplied it with $2m in seed funding in late 2014.

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