Social Commerce Platform-enabler, Springo joins #SucSEEDFamily

New Delhi (India), February 3: Springo, a community commerce enabler platform aimed at making the journeys of sellers selling on social media fast, efficient & easy has secured an undisclosed amount in a seed round from Hyderabad-headquartered SucSEED Indovation Fund.

Founded by Swati Desai & Ronak Desai, Springo provides a full stack product suite that is currently helping 10-15+ Million sellers in India, scaling their business primarily through Meta Marketing.

With the motto of “Gateway to Community commerce”, Springo targets to define the seller’s X to 10X journey with full-stack productivity and growth tools.

Sharing her journey on what led to founding Springo, Swati Desai, the Founder and CEO of Springo said, “I was a seller & struggled to scale my business due to lack of resources. 1/3rd of sellers selling on social media globally are sailing the same boat. To empower such sellers to get them, buyers, I started a FB community that has organically grown to 1.35 Lac+ members with 15K+ sellers, followed by launching an e-commerce platform. Still, the sellers were not able to grow their business. We identified & analyzed that their primary channel is social media & the operations on it were broken, unstructured & inefficient due to which the work which can be done in 10 days today takes 30 days.”

She further added that “The seed funding we raised from SucSEED Indovation Fund will help us enter the global market and expand globally.”

Speaking on why they have invested Vikrant Varshney Co-Founder & Managing Partner of SucSEED Indovation Fund, said, “According to the Grand View Research Report, The global social commerce market size was valued at USD 584.91 billion in 2021 and is projected to grow at a (CAGR) of 30.8% from 2022 to 2030. Spring is building a first-of-its-kind social commerce enabler platform aimed at making the selling journeys fast, efficient & easy via its product suite. It offers the tools to manage the e-commerce stores with plug-and-play features so that consumers can focus on the other strategy and financial aspects of the business and spring will handle marketing for them”.

About SucSEED Indovation Fund – SucSEED Indovation Fund (SIF) is an AIF Cat-1 Venture Capital Angel Fund with ₹100 crore corpus and has grown out of SucSEED Angel Network (SAN) and IIITH Tech Ventures, an early-stage tech seed initiative with IIIT Hyderabad Foundation. General Partners of the Indovation Fund have 100+ years of cumulative experience within technology, fund management, and start-up ecosystem and have already invested in 60+ startups. SIF attempts to support Indian Innovation for mass needs in the following Six (6) sectors – EdTech, FinTech, Health-tech, Security & RegTech, Enterprise & MSME SaAS, and Digital Economy & Emerging Tech.

If you have any objection to this press release content, kindly contact pr.error.rectification[at] to notify us. We will respond and rectify the situation in the next 24 hours.


Herbs and Hills: Where Nature Meets Nurture

New Delhi (India), June 17: Forget chemicals, embrace the earth! Herbs & Hills, a groundbreaking skin and body care company, aims to be your go-to source for natural, sustainable self-care. Imagine indulging in luxurious products that are kind to your skin and kind to the planet. That’s the Herbs & Hills promise! Our philosophy is simple: […]

Read More

CEAT Specialty Collaborates with Kalki 2898 AD for the Launch of Futuristic Tyres for AI Vehicle

New Delhi (India), June 17:  CEAT Specialty has announced an exciting partnership with the much-anticipated film Kalki 2898 AD, starring Prabhas, to develop and launch state-of-the-art tyres for Bujji, the robotic vehicle featured in the movie. This collaboration highlights CEAT’s cutting-edge technology and reinforces its commitment to driving the future of mobility.  Kalki 2898 AD, […]

Read More

One Sprig Hospitality Consultants: Crafting F&B Brands Across India

New Delhi (India), June 12: India has emerged as a dynamic hub for culinary innovation and hospitality excellence, leading this transformation is One Sprig Hospitality Consultants based out of Bangalore and Hyderabad. Founded by Devbrat Bhardwaj and co-founded by Chef Pritam Das in 2016, One Sprig is revolutionising the food and beverage industry with its comprehensive end-to-end […]

Read More