Bluegape, a fan merchandising store that allows users to create customized products, has raised a seed round from finance professionals Aniket Khera, Rahul Bhatia and an unnamed internet entrepreneur. Bluegape was a part of the TLabs accelerator where it had got a financing of Rs.10 lakh. The funding is in the form of convertible notes.
The New Delhi-based company was started in August 2011 by Sahil Baghla and Ayush Varshney. It has generated traction across India and does around 150 transactions a day with 1.5 lakh unique hits every month.
Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India. Click Here to view our products list including the Free Deal Digest Weekly: India's First & Most Exhaustive Transactions Newsletter.