03 December 2022, Mumbai
Flash has secured seed funding. The e-commerce startup aims at catering to frequent online shoppers and plans to expand across India.
The business will use its new funds to develop its e-commerce product, hire more employees, and expand globally. After launching in India, Flash is set to debut in the US and Europe in the coming year and a half.
The business offers online shoppers tools to manage their purchases from across the internet in one location. Users will be able to use their own digital identity to track and manage current orders and services from one easy-to-use interface. Flash will also make it easier for shoppers to use rewards programs online.Power shoppers who shop online, order food or groceries frequently have a very broken experience. Flash is designed to solve this market pain point by offering a comprehensive solution.
India’s e-commerce market is continuing to grow at a swift pace as more and more people embrace online shopping across the country. The country had the world’s third largest online shopper base of over 190 million users at the end of 2021. By 2030, the Indian e-commerce shopper base is expected to rise to 650 million, creating a significant opportunity for growth.
