In its ongoing pre-Series A funding round, Hippo Innovations, an e-commerce solutions provider, has secured INR 3.3 crore from Finvolve and India Accelerator.
The funds will be allocated to the improvement of marketing strategies, the automation of operations with AI, and the reinforcement of enterprise services. Furthermore, Hippo intends to establish strategic partnerships with service integrators, logistics and payment providers, and industry bodies.
Read also - Square Insurance Raises $3 Mn Pre-Series A Funding Round
Hippo Innovations is distinguished by its autonomous architecture solutions, StoreHippo and Mystore, which provide e-commerce brands with superior scalability, flexibility, and agility in comparison to conventional software. Hippo Innovations asserts that it is a prominent player on the ONDC Network, with over 13,000 registered sellers, including significant names such as Amul and Hero, and more than 5,000 FPOs, artisans, and SHGs.
Sabi Holding India Ltd, a company that specializes in sustainable living, has provided USD 1.5 million in funding to Acculi Labs, a provider of deep-tech life growth solutions.
About Hippo Innovations
Founded in 2014, Hippo Innovations is an IT company incepted with a clear vision to enable SMEs and individual entrepreneurs to effectively build and launch customized E-commerce Stores.
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