Goodbox, a conversational-commerce mobile app has raised $2.5 million from Nexus Venture Partners. Goodbox allows businesses to create a commerce-ready store within minutes that provides seamless discovery, ordering and payment. Consumers can buy from their trusted stores across multiple categories without having to download multiple apps.
The company had earlier raised seed funding from the Manipal Group, Aprameya Radhakrishna [co-founder, TaxiForSure] and Charan Padmaraju [co founder, redBus].The current funds will be used for merchant acquisition & building the team.
Goodbox allows businesses to create a store on the Goodbox app that resembles the physical environment where the merchant can chat with their customers, upload their product/services catalog for search and discovery, take orders, accept payments and get logistics support. Most customers and merchants already use generic messaging apps to place an order over a message. Goodbox significantly improves the customer experience by integrating e-commerce capabilities with messaging and with time saving features for quick or repeat orders. Customers can buy from and pay their trusted businesses through one window and reduce app fatigue of having to download multiple apps for multiple things.
Goodbox is operational in Bangalore with over 1200 merchants already signed up, including supermarkets, restaurants, laundry chains, rental providers, movers & packers, canteens, salons and thali services. The company’s mission is to get every business to create their store on the app and make that their primary way to interact with consumers.
Sandeep Singhal, Co-founder & MD, Nexus Venture Partners says
Goodbox is empowering businesses by getting them online and helping them engage with their customers. We are excited about partnering with a team that has great product thinking and proven operational strengths.
Abey Zachariah, Co-founder & CEO, Goodbox said
At Goodbox, we are committed to enabling businesses with technology by giving them a ready store on our app in a matter of minutes. We wanted to partner with someone who believes in our vision and is willing to support us in accomplishing the gargantuan mission we’ve set for ourselves. We found such synergy of thought with Nexus Venture Partners. The funds will be earmarked for our expansion in the coming months.
Goodbox has been co-founded by Abey Zachariah [ex-redBus core team], Anand Kelaginamani [IIM-B], Charan Raj [ex-Accenture), Mahesh Herle [ex-National Instruments], Mayank Bidawatka [ex-redBus core team& co-founder The Media Ant], Mohit Maheshwari [IIM-B] and Nithin Chandra [NIT-K & IIM-B].
About Goodbox
Goodbox gives an app presence to businesses. It enables a business to create a storefront on the Goodbox app. Businesses want to adopt new technologies such as being on app, having a storefront and being able to interact with their consumers real-time. However, creating or maintaining an app is a very costly and complex affair. Goodbox enables SME businesses with an app presence within 5 minutes at an unbelievably low price, along with a payment gateway. Businesses can host their menu on the app and create their business profile as well. Every business can now be on the Goodbox app and start conducting commerce with their consumers. Goodbox app for Android can be downloaded from here