Flash, which aims to improve users’ online shopping experiences, announced a $5.8 million seed round led by Global Founders Capital (GFC), White Venture Capital, Zinal Growth, Soma Capital, Emphasis Ventures, and Peer Capital on Wednesday.

Binny Bansal (ex-Flipkart), Kunal Shah (Cred), Arpan Sheth (Bain & Co), Sujeet Kumar (Udaan), Nikhil Srivastava (PAG Venture), Lalit Keshre (Groww), and Rishi Vasudev (Goat Brand Labs) were among the angel investors who participated in the round.

Flash will use the latest funding round to invest in product development, hiring, and global expansion, according to a press release.

Flash, which aims to improve users’ online shopping experiences, announced a $5.8 million seed round led by Global Founders Capital (GFC), White Venture Capital, Zinal Growth, Soma Capital, Emphasis Ventures, and Peer Capital on Wednesday.

Binny Bansal (ex-Flipkart), Kunal Shah (Cred), Arpan Sheth (Bain & Co), Sujeet Kumar (Udaan), Nikhil Srivastava (PAG Venture), Lalit Keshre (Groww), and Rishi Vasudev (Goat Brand Labs) were among the angel investors who participated in the round.

Flash will use the latest funding round to invest in product development, hiring, and global expansion, according to a press release.

At the moment, Flash allows users to sign up for its waitlist programme before experiencing its offerings. However, the company has not stated when the platform will be available.

With nearly 190 million shoppers in 2021, India will be the world’s third-largest online shopper base after Covid-19. With the Indian e-commerce market expected to triple to 600-650 million by 2030, Flash intends to capitalise on the underlying potential, according to the company.

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