What is SnapBizz?
SnapBizz offers a comprehensive suite of cloud-connected Point of Sale (POS) billing solutions designed to empower small retail shops, including Kirana stores and diverse retail verticals across India. The platform facilitates efficient inventory management, promotion execution, GST compliance, and customer analytics, all aimed at driving business growth for its users. By leveraging innovative mobile technology, SnapBizz connects stakeholders within the retail ecosystem, providing crucial insights and data analytics. It has established itself as a leading digital POS solution in India, focused on streamlining operations and boosting sales for small retailers.
How much funding has SnapBizz raised?
SnapBizz has raised a total of $8.9M across 2 funding rounds:
Angel/Seed
$1.7M
Series A
$7.2M
Angel/Seed (2014): $1.7M with participation from Jungle Ventures, Blume Ventures, National Research Foundation, and Qualcomm Ventures
Series A (2016): $7.2M led by Jungle Ventures
Key Investors in SnapBizz
Jungle Ventures
Jungle Ventures is one of Southeast Asia's largest independent venture capital firms that invests in early and growth-stage startups in Southeast Asia and India, building sustainable, scalable businesses to last.
Blume Ventures
Blume Ventures is an India focused early stage investment firm that backs founders from seed through scale up. With local insight and hands on support, it partners with teams building enduring technology led businesses across consumer, enterprise and deep tech, helping them raise capital, sharpen strategy and grow responsibly.
Qualcomm Ventures
Qualcomm Ventures is the investment arm of Qualcomm, a global leader in wireless technology, focusing on companies that advance mobile ecosystems and connectivity solutions.
What's next for SnapBizz?
The recent major strategic investment in SnapBizz signals a pivotal phase for the company, likely enabling accelerated expansion of its market reach and product development. This capital infusion is expected to bolster its position as India's most adopted digital POS solution, further enhancing its offerings in inventory management, GST compliance, and customer analytics. The company's focus on connecting the fragmented retail market through technology positions it for continued innovation and growth, potentially exploring new verticals or deepening its penetration within existing ones.
See full SnapBizz company page
