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Latest Aruna Ganesh Ram News

The Postbox secures funding from The Chennai Angels & others, Technology News, ETtech

Dec 23, 2016

e-commerce The Postbox secures funding from The Chennai Angels & others The startup has also found investors in Ritesh Mehta, head policies, Facebook and Aruna Ganesh Ram, theatre personality from Bengaluru. Ranjani Ayyar  |  TNN  |  December 23, 2016, 19:06 IST     Chennai-based product startup The Postbox has received an undisclosed amount of funding from multiple investors, including those from The Chennai Angels . The startup has also found investors in Ritesh Mehta, head policies, Facebook and Aruna Ganesh Ram, theatre personality from Bengaluru. The e-commerce startup, founded by Madhuvanthi Senthil Kumar and Nikhil Joseph is being mentored by Prashant Sankaran, part of the Entrepreneur Development Cell, IIM Bengaluru. This is the first round of funding for The Postbox. Founded in September 2014 as a platform for upcoming artists, The Postbox pivoted to a niche product design platform in May 2015. The startup offers a range of products from Ikat and leather laptop bag, travel essentials, terracotta products and home decor products. Working with over 300 artisans across the country, the startup takes about 1100 orders a month. "We are thrilled to have these investors on board. We intend to expand our travel category, strengthen our inventory and work on an omnichannel presence," said Senthilkumar. RELATED

Aruna Ganesh Ram Investments

1 Investments

Aruna Ganesh Ram has made 1 investments. Their latest investment was in The Postbox as part of their Angel on December 12, 2016.

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Aruna Ganesh Ram Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/23/2016

Angel

The Postbox

Yes

1

Date

12/23/2016

Round

Angel

Company

The Postbox

Amount

New?

Yes

Co-Investors

Sources

1

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