12 Dec 2016


UrbanPiper - A SaaS Providing Platform Raises Funding

UrbanPiper , which runs a platform that enables hyperlocal businesses to go online has riased an undisclosed amount of funding from Axilor and other group og angels.According to an official statement the funds raised will be used to enhance its technology offering and also to scale up its client base.
UrbanPiper is a business-to-business Software-as-a-service provider platform  that offers a host of services such as white-label mobile apps, website, in-store engagement tools and customer relationship management (CRM).through its offering and services it enables the hyperlocal ecommerce, mcommerce, loyalty , wallet and customer feedback."UrbanPiper is well-positioned to enable some of the large verticals in the retail segment to go online, both in India and globally. Their marquee customer base gives them a clear edge and existing customers like Chai Point have rated the platform very highly ," said Ganapathy Venugopal, chief executive officer of Axilor.

UrbanPiper is a part of Nasscom 10K Warehouse. It is currently working with brands like Chili’s India, Papa John’s India, Jubilant Fresh, Chai Point and Mamagoto to power their online and mobile transactions.The startup has seen increased demand for its services after the government's move last month to withdraw high-value banknotes as legal tender.

"Before the move, we had around four to five monthly customers. Now we have around 25. There has been a lot of inbound interest. There are also newer kind of customers going online. We are working with food courts too," said Gupta.