NVP and Reliance Technology Venture Invest in Suvidhaa, S-Commerce Company
NVP and Reliance Technology Ventures have invested in Suvidhaa, a Services Commerce firm.
Suvidhaa enables customers to walk into their neighbourhood convenience/kirana stores and perform all kinds of everyday services such as railway ticketing, mobile recharge, air ticketing, insurance payment, bill payment, bus ticketing, loan origination, movie ticketing, etc. – BS
Suvidhaa powers more than 4,000 local kirana stores across 15 states in over 100 cities and plans to use the funding (amount not disclosed) to expand to 20,000 franchisee outlets across the country by 2009.
Suvidhaa’s offline play is surely is a good example of an intermediary that connects customers with services without customers getting onto the Internet – it’s like a ‘local multiplex’ that offers various Internet services.
What’s your take on Suvidhaa?
-
Related posts:
- Reliance Technology Ventures and Mumbai Angels Invest in Dhama Apparel Innovations
- LightSpeed Ventures Invest in Essel Group’s Itz Cash Card
- Reliance Money launches e-commerce portal, Reliancemoneymall
- Telecom Roundup: Reliance’s GSM Goes National, BSNL launches IPTV..and more
- Intel Capital to Invest $17mn in Yatra, BuzzInTown and Emnet Samsara Media Pvt
About the author - Ashish Sinha is a Startup Mentor/Product Strategy Coach, and the founder/chief editor of pluGGd.in.
He has launched/managed couple of products (consumer as well as enterprise) in US and India, and now consults with startups/small businesses on their product/media strategy. He can be reached at: ashish (at) pluGGd.in [+91 98452 06443]
