ShopDeck Raises $8 Mn

D2C e-commerce solutions provider ShopDeck has raised $8 million (about Rs 67.5 crore) in a funding round led by Bessemer Venture Partners, with participation from Elevation Capital, Venture Highway and Chiratae Ventures. The company will use the fresh capital towards the enhancement of the AI-driven technology stack to provide more profound insights and automation. It will also aim to broaden on-ground operations to assist sellers in Tier-2 and Tier-3 cities, grow the team, and formulate go-to-market strategies to further solidify ShopDeck’s market position.