[Funding News] Nitro Commerce Secures Rs 15 Cr Seed Funding Round from Cornerstone Ventures

Nitro Commerce, a platform that offers revenue-as-a-service to e-commerce and D2C firms, has successfully raised Rs 15 crore ($1.8 million) in a seed fundraising round headed by Cornerstone Ventures.

Nitro Commerce stated that the funds will be used to build essential technologies that facilitate the acquisition and enhancement of e-commerce and D2C brands.

Participation in the round was also observed from Warmup Ventures, Lead Angels, Dholakia Ventures, India Accelerator, as well as individual investors Arjun Vaidya, Kunal Khattar, Nikunj Jain, and Piyush Jain.

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Nitro Commerce is a comprehensive platform that provides revenue-as-a-service for the e-commerce and direct-to-consumer (D2C) businesses. The platform's objective is to offer industry-specific solutions that assist in optimizing client acquisition and revenue generation, hence facilitating substantial business growth.

Nitro's aims is to achieve profitability by 2025 through the democratization of its technology, ensuring that it is easily accessible and deployable for merchants. Additionally, Nitro plans to provide its technology as an outcome-as-a-service.

Nitro asserts that it has successfully brought on board over 100 direct-to-consumer (D2C) brands in the previous six months and intends to increase this figure to over 1,000 brands by the conclusion of the year.

About Nitro Commerce

Founded in 2023 by Umair Mohammed, Atyab Mohammed, Shamail Tayyab, and Pratik Anand, Nitro Commerce isn't just software; it's a bridge built on experience, empowering brands to conquer obstacles like anonymous visitors, complex marketing, and clunky conversions.

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