Arzoo: Reverse auction-based e-com platform Arzooo bags Rs 1.5 Cr seed fund

Arzooo-a reverse auction-based e-commerce platform for high value branded goods has raised Rs 1.5 crore in a seed funding round from Omphalos Ventures India.The Bengaluru-based startup will use the initial capital to ramp up its technology and expand its footprint to Hyderabad followed by top ten cities by March next year. Besides, it also plans to build algorithms that help to predict discounts in real time.Founded by ex-Flipsters Khushnud Khan and Rishi Raj, Arzooo is a real-time reverse auction-based e-commerce platform for high value branded goods such as refrigerator, air conditions, and televisions.Continue reading Reverse auction-based e-com platform Arzooo bags Rs 1.5 Cr seed fund at Entrackr.