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Nexprt raises Rs 1.45 crore in Seed funding round

Nexprt, an MSME and importer-focused cross-border commerce startup, has raised $200,000 (around Rs 1.45 crore) in a seed funding round from Titan Capital and a clutch of angel investors.

The company, operated by Nexprt Solutions Pvt Ltd, says its platform aims to provide Indian MSMEs and global importers with a one-stop solution for trade requirements.

According to its website, the company was founded by Harsha Vardhan K, Manav Garg, and Kunal Jain.

It will use the capital it has raised to build out its core team as well as strengthen its product-market fit.

Currently, the startup operates in the home décor and hospitality sectors, in segments such as kitchenware, carpets, and handicraft.

“With its full-stack approach and focus on institutionalizing Indian MSME manufacturing, Nexprt is building a strong playbook to scale Indian exports and compete in global markets,” Titan Capital partner Bipin Shah said.

Source
VCCiRCLE

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