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2013-09-06

Social E-commerce start-up Klip gets funding from Angel investors

Angel investors associated with Venture Nursery, members of Mumbai Angels and a host of individual angels from India and abroad have made an investment in Klip.in. The amount of the investment was not disclosed by the company.

Angel investors associated with Venture Nursery, members of Mumbai Angels and a host of individual angels from India and abroad have made an investment in Klip.in. The amount of the investment was not disclosed by the company.

 

 

 

Klip is S-Commerce Company that solves the product discovery issues of online shopping by adding a social layer based not only on preferences of friends, but also interest and taste of users, a critical aspect of fashion and lifestyle products.

 

Harsh Gadia, co-founder, Klip said. “For us at Klip.in, commerce aided by personalization and product discovery through user networks and interest graph is an ideal S-Commerce scenario. Klip.in’s savvy investors recognize this vision and their investment demonstrates their faith in Klip to deliver it,"

 

While Ashpi Gupta, AVP, Mumbai Angels, said, “Social Commerce is emerging as an interesting investment space for our members. The founding team of Klip.in, with their strong digital background, represents an exciting opportunity for our member angels.”

 

Klip helps users discover unique and interesting lifestyle products from across the web by aggregating and curating them based on the users social connections and interest graph. Klip was part of VentureNursery’s acceleration program -- Season 2 -- graduated in April 2013.

 

Mr. Manish Madambath, co-founder, Klip adds, “We are strengthening our technology to enhance user experience based on personalization and relevance. Our value addition is in helping others find what they are looking for at a point of time and place.”

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