Bertelsmann led the e-commerce services provider's series A round, while Beenext, Nirvana Venture Advisors and 500 Startups all returned.

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…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?