Nexprt, a cross-border digital commerce platform that connects MSMEs from India and global importers, has now secured $200000 funding from the angel investors and Titan Capital.
The startup as of now, has plans to use this new funding to build its core team and strengthen its product-market fit.
According to the company report, it offers reliable high quality, and stop solution for all the trade needs. It uses the technology to offer improved user experience, quality metrics, and quick product development to build a global brand.
As of now, Nexprt deals in home decor and hospitality segments across the carpets, kitchenware, and handicrafts.
On the funding received, Harsha Vardhan K, Co-founder, Nexprt, said, “We aim to democratise manufacturing and build supply chain predictability for small businesses across the globe, allowing them to compete with large corporations in terms of their product sourcing and manufacturing needs.”
Bipin Shah, Partner at Titan Capital, said, “We see great potential in Nexprt’s amazing team. With its full-stack approach and focus on institutionalising Indian MSME manufacturing, Nexprt is building a strong playbook to scale Indian exports and compete in the global markets.”
Cross border eCommerce is projected to have a strong potential in India, especially for the MSMS segment, as they used to produce the goods that are largely used by the retailers.