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.
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