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SaaS Platform Shipturtle Raises INR 3.5 Crore In Seed Funding

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Inflection Point Ventures, the leader of the seed investment round for Shipturtle, a SaaS firm, has raised Rs 3.5 crore. Numerous more unnamed investors also participated in the round.

The Ahmedabad-based business intends to use the investment for product development, global expansion, and technology stack development.

Sharad Kabra founded Shipturtle, a SaaS company that enables brands to cross-sell products on the websites of other brands. It specialises in creating direct-to-consumer (D2C) brand relationships and marketplaces. Workflows for products, inventory, orders, and payments are also handled by it.

Kabra, "With Shipturtle, any company can provide other complementary brands to their clients, increasing average order value (AOV), conversions, and revenue, while cutting customer acquisition cost (CAC) and doing it with less investment or risk.