Funding Alert

Startup Stairs funded Kart4U with 5cr, some more to get funds under NSDC


Kart4U is a tech driven startup with a vision to strengthen the street cart vendors of the nation by phygitising them for their systematic growth, has raised Rs 5 crore from Startup Stairs, a seed-stage accelerator dedicated to developing the skills ecosystem in India.

Kart4U is India’s first kart-to-home delivery service that gives a marketplace to millions of unorganized street vendors to increase their sales and join the Digital India movement.

Startup Stairs announced 15 startups as the winners of their ‘Growth Acceleration Program with 4i’ under the aegis of the National Skill Development Corporation. The winners were awarded seed funding starting from ₹25 lakh to 5 crore.

Startup_Stairs

Preet Sandhuu, Director, Startup Stairs said the company envision creating a startup ecosystem where there will be the scope of Aadhaar-linked digital verifications of beneficiaries to mitigate the risk of duplicate and fraud accounts and to achieve a reliable and fail-safe digital ecosystem. This methodology will help startups to create an impact on the masses and build brand integrity globally”.

Bharti Sahu, Founder, Kart4U said the digital world is dominated by e-commerce giants and large grocery aggregators, while street vendors were being left behind.

“We at Kart4U are on a mission to level the playing field for these unorganized street vendors by helping them upskill and avail micro-loans to grow their venture as self-reliant entrepreneurs,” said Sahu.

Follow Startup Story

Related Posts

© Startup Story Private Limited. All Rights Reserved.