E-Commerce Platform Direct2U Raises INR 1.8 Crore In Seed Funding The fund raised will be used for technology development, hiring, marketing and expansion plans

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

Direct2U, a brand of Flow Commerce Private Limited, has raised INR 1.8 crore in a Seed funding round led by Inflection Point Ventures (IPV). The fund raised will be used for technology development, hiring, marketing and expansion plans.

"The fact that rural commerce, with tech-enabled last mile delivery along with a user-friendly frontend platform, can be executed with positive unit level economics is a winning factor. Strict due diligence to build confidence in the startup business. IPV is instrumental in guidance through various mentor investors in supporting the business growth further," said Gaurav Ahlawat, founder, Direct2U.

Direct2U (Flow Commerce Pvt. Ltd.) is a B2B2C-assisted e-commerce platform that aims to disrupt the rural market by providing access to finance and door-to-door delivery. Flow commerce started on 10th Dec 2022 and Direct2U marketplace started posting revenue on 01st Jan 23 by Gaurav Ahlawat and Anshuman Maheshwari, Direct2U aims to simplify cross-border e-commerce thereby making it accessible to businesses of all sizes. The company has expanded its operations in Bihar, Madhya Pradesh, Odisha, and Karnataka with 23 warehouses, according to an official statement by the company.

"Direct2U has identified a promising white space that is rural e-commerce market and they are disrupting it by bringing in standardised processes which will elevate customer experience, business growth of the brands, generate employment for delivery staff and a safe payment process will give trust and comfort to the customers, many of whom are first time online shopper. We believe their growth trajectory and growth plans along with our support and network will help the Company to establish their leadership in this segment," said Mitesh Shah, co-founder, Inflection Point Ventures.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Leadership

The Difference Between Entrepreneurs Who Survive Crises and Those Who Don't

In a business world accelerated by AI, visibility alone is fragile. Here's how strategic silence and consistency can turn reputation into your most powerful asset.

Business News

Gold Prices Are Higher Than Ever. Here's How Much a Costco Gold Bar Purchased in 2024 Is Worth Today.

A one-ounce Costco bar is worth $870 more now than it was a year ago.

Business News

United Airlines Says It Is Adding Extra Flights in Case Spirit 'Suddenly Goes Out of Business'

Rival airlines, including United and Frontier, are adding new routes as Spirit cuts 12 cities from its schedule.

Business News

AI Could Cause 99% of All Workers to Be Unemployed in the Next Five Years, Says Computer Science Professor

Professor Roman Yampolskiy predicted that artificial general intelligence would be developed and used by 2030, leading to mass automation.

Business News

Mark Zuckerberg 'Insisted' Executives Join Him For a MMA Training Session, According to Meta's Ex-President of Global Affairs

Nick Clegg, Meta's former president of global affairs, says in a new book that he once had to get on the mat with a coworker.

Leadership

Can Startup Founders Become Great CEOs? Here's What It Takes.

Startup founders CAN evolve into outstanding CEOs — rather than being replaced by them. Here's how.