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Wify raised $3 million in a pre-seed funding round co-led by Mount Judi Ventures and Capria Ventures to expand and develop its software and technological capabilities.

Jul 01, 2024•over 1 year ago

Amount Raised

$3 Million

Round Type

seed

MumbaiE Commerce

Investors

Blume Founders FundCapria VenturesMount Judi Ventures

Description

Home furnishings brand Wify raised around $3 million in a funding round co-led by Mount Judi Ventures and existing investor Capria Ventures. The funding will be used to penetrate deeper into existing categories with value-added services, expand into new categories, hire talent and develop its software and technological capabilities.

Company Information

Company

Wify

Location

Mumbai, Maharashtra, India

About

Wify is a technology platform helping Brands manage their post-purchase consumer experience, starting with initial assembly/installation to after sales service, to warranty management, throughout the product life cycle. Some of the leading brands such as IKEA, Amazon, Hettich, Livspace, Homelane trust us with managing their customers post purchase experience.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers