Zopper, a hyper local marketplace which earlier worked as a product comparison platform, has raised an amount of $20 million in a fresh round of funding from Tiger Global and Nirvana Ventures.
Founded in 2010 by Surjendu and Neeraj, Zopper is an app-based platform which allows users to browse products through range of categories including electronics, mobile phones, appliances, etc. from the local stores around user’s location.
With this recent cash flooding in, the company plans to enhance its technology and expand its operations in over 30 cities across the nation. Furthermore, Zopper is also looking to hire for senior level management positions.
Earlier, the company was known as Reviews42 and provided product reviews and comparison. After receiving $5 million in funding from Tiger Global, Nirvana Ventures and Blume Ventures, it rebranded itself into Zopper and started hyper local marketplace.
Zopper currently operates in Delhi NCR, Bengaluru and Mumbai. It also claims to have over 5,00,000 brick-and-mortal stores listed on its platform. It has partnered with Citrus Pay to enable users to buy products directly from the app. It claims to deliver products within 24 hours. It also has an options to pay on delivery.