Pune-based shopping discovery platform Wicfy has secured follow-on funding from multiple investors including Silicon Valley–based Ecosystem Ventures, Everest Management Fund (Switzerland) and angel groups based out of Singapore and India. The funds would be used for enhancing the platform, product development and for launching mobile app for iOS platform. Following the investment, Alexander Fries, president, Ecosystem Ventures, will join the board of the company.
Launched in 2010 by Arun Purohit and Rajeshwari Joshi, Wicfy offers a web-based price comparison and discussion platform for users to share information on prices, products and sellers across categories in Delhi, Mumbai, Bangalore, Pune and Kolkata.
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