HealthKart, gurgaon based online retailer has raised $5M from Sequoia Capital and Omidyar Network as part of series B round. In April 2011 HealthKart had raised $1M from Kae Capital and Sequoia Capital.
Primarily the investments will be utilized in strengthening the product portfolio, supply chain system and good chunk of investments will be deployed in marketing.
Healthkart, is founded by two IIT-D graduates – Prashant Tandon and Sameer Maheshwari. They have able to bring in some talented entrepreneurs in their core team, for instance Animesh Jain is head of Online Marketing & Product, Animesh was CEO and Cofounder of iTasveer.
Healthkart which began as online health store has expanded its product portfolio, now it sells baby care, cosmetic products as well.
Lets have a look at their monthly traction:
Avg time on site