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Blitzscale Technology, the parent company of WMall (BlitzScale Tech) and ShopDeck (Previously NuShop), has successfully raised ₹65.2 crore (approximately $7.85 million) in a recent funding round, marking a significant comeback after five years of dormancy. The funds will be directed towards boosting ShopDeck’s growth, expanding its operations, enhancing marketing strategies, and addressing general corporate needs. The company plans to issue 4,385 compulsorily convertible preference shares (CCPS) at ₹1,48,672 each to secure this amount. ShopDeck, founded in 2022 by Harmin Shah and Rishabh Verma, simplifies D2C commerce by helping sellers with storefront setup, pricing, shipping, and marketing. Despite facing competition from Shopify, Magento, and WooCommerce in the e-commerce sector, and rivals like Shiprocket and Shipway in shipping and marketing, ShopDeck remains focused on driving net profitability for its clients. Elevation Capital now holds the largest stake in the company with 19.3% of the shares, followed by Chiratae Ventures with 16.34%. Co-founders Harmin Shah and Rishabh Verma collectively own 43% of ShopDeck. #ShopDeck #BlitzscaleTech #Funding #FundingAlert #FundraiserAlert #Comeback #BusinessExpansion #MarketingStrategies #D2C #ECommerce #Shipping #Marketing #AllBoutCorps

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