Funcart Raises $70K From HNIs

Funcart Raises $70K From HNIs

An online store for party supplies, Funcart, has raised $70K in its first round of funding from a group of HNIs.

Launched in March 2015, by , Funcart is an online website that sells party supplies for kids’ parties, bachelorette parties, baby showers, and theme parties, among others.

Ritika Nangia, founder of Funcart, said, “Funding is a positive growth and comes as an asset to a business enterprise. I have always believed in giving Funcart’s clientele a variety to choose from, that too at the best price the market can offer. To enable many more benefits and bringing in newer party supplies we did look at funding to make us even stronger than before by getting into personalization & adding more products to our existing range.”

The startup plans to use the funding to expand its business and team, along with creating a robust marketing network for the website.


Welcome to Flash Feed, your essential source for breaking news and innovation from around the web – bite-sized and updated all day.


Author

Team Inc42

Inc42 Staff
Inc42 Magazine is an online startup magazine that covers some of the best startups and entrepreneurs in the India ecosystem. We also feature numerous guest posts and resources by leading experts from across the industry, including many from the Silicon Valley and Bay Area.
Responses
https://inc42.com/flash-feed/rail-budget-2016-setting-7-3-mn-innovation-fund/

Upcoming Events