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SkoolShop.com Raises Investment From Blume Ventures And Others

By : Vivek Singh | 16 March 2013
Industry : Technology
Category : Venture Capital

SkoolShop.com, a brand of Occasion Kommerce Private Limited has raised an undisclosed amount from Blume Ventures, Sunil Kalra, Srikant Shastri, Vikas Choudhury and Puneet Deora, according to yourstory.in.

The raised funds will be used to hire more people and to ramp up marketing and sales. Currently they have a team of around 25 professionals.

Founded by Satya Raghavan and Anusha Mahalingam, SkoolShop.com is a portal that provides products related to School and Education operating on both, B2B and B2C models. The company has more than 50,000 SKU’s ranging from stationary to uniforms to educational tablets, which are sourced from over 300 vendors.

SkoolShop works with large school chains (more than 8) and are supplying to more than 200 schools in total currently. The company has offices in Delhi, Chennai and Bangalore apart from Mumbai and supplies throughout the nation (B2C) but has schools primarily in west and north India.

Earlier in 2011, the company raised angel investment from Rajan Anandan and Jaspreet Bindra.

Similar kind of portal - AllSchoolStuff.com raised angel funding from Angel Investors Consortium last year.

AllSchoolStuff provides online stores for students, parents, teachers and schools to choose from a wide variety of branded, high quality products to meet all their educational supplies needs.

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KVEZAR VIEW

  DEAL TRACKER FOR
DateTransactionTypeBuyerSize ($mn)
2013-03-18  SkoolShop.com - Blume Ventures, Sunil Kalra, Srikant Shastri Venture Capital  Blume Ventures
Sunil Kamalkant Chheda
Srikant Sastri
Vikas Choudhury
Puneet Deora
 
 
  Recent Transactions In The Sector
DateTypeBuyerTargetSize ($mn)State
15/05/2013   Venture Capital   Unknown Investor   PriceBaba   -   Completed  
14/05/2013   Venture Capital   Tiger Global Management LLC   Caratlane Trading Private Limited   15.00   Completed  
08/05/2013   Venture Capital   Samir Bangara   Qyuki Digital Media Private Limited   -   Completed  
07/05/2013   Venture Capital   Citibank NA   Helical IT Solutions Private Limited   0.05   Completed  
 
  Profiles

Fund

NameCorpus Target Sector WebsiteKeyContact
Blume Ventures  20   IT/ITES/Technology www.blumeventures.com  Sanjay NathSridar IyengarDileep NathNandan MalusteAbdur ChowdhuryKarthik B Reddy  

Company

NamePromotersOfficeCompetitorWebsite
Occasion Kommerce Private Limited  Anusha Mahalingam
Satyanarayan Raghavan  
A-3/4, Deep Apartments, Chhedanagar, Chembur     http://www.skoolshop.com
1 March 22, 2013
03:39 PM
nice idea...very informative

- Posted by hi
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