Midwest Startups’ Post

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

We have a handful of brands that we actually fulfill orders for right here in the shop. One thing we don't highlight enough is our white label program. We partner up with businesses and brands from across the country and supply them with a product that is completely designed as their own. While they do the work promoting traffic to their website or platform... we work to fulfill their orders and handle everything else from a production stand point behind the scenes. It's been a booming sector of business and allows so many more brands to come in and speak to their respective audiences. Even though these products have the same great coffee on the inside, it has allowed them to provide new offerings to their already loyal followers. Crayon Eater is a great example of that. Founded for first line responders, they wanted a brand that would connect with folks of their industry. They added coffee to their lineup of products as a supplemental offering, and it has worked for them tremendously. #SpecialtyCoffee #UpstateNY #SouthernTier #Collaboration #Fundraising #SmallBusiness #Ecommerce #Coffee  #AOV

Fundraisers: Have you heard? Omnichannel marketers that maintained their #DirectMail activity have achieved 43% year on year growth in purchases driven by the 'humble mailshot!' This, according to the latest research from Jicmail – a monthly tracker of 1,000 households across the UK.   As with our charity clients, growth in #DM in the commercial sector is being driven by decreasing returns in #DigitalMarketing. But with such positive results being attained by both camps, it demonstrates that consumers are willing to engage with physical marketing messages – despite living in a multi-channel world. 👉 Read the full article: https://lnkd.in/er-bkKFT   ******   Want to find out how your charity can get support with #DonorAcquisition via direct mail? At Arc Data, we're #CharityData specialists. We work with charities of all sizes – so whether you're running your very first DM campaign, re-starting activity in the channel, or if you need support maintaining an already-active DM programme, we can help!   Drop a line to Suzanne Lewis to arrange a chat. 📊📈   #CharityMarketing #CharityFundraising

We’re excited to host an insightful session featuring Kaitlyn Witman ☔, our CEO, and Yohan Jacob, President and Retail Management Consultant of Retailbound. 🎙️ In this dynamic webinar, we’ll explore the essential steps to transition from crowdfunding & product launch success to continue to grow your brand through retail and eCommerce. Together, we’ll explore: 🔹 You’ve launched and delivered your product… What’s next? 🔹 Choosing Sales Channels: Discover the best channels to launch your product, whether it’s Amazon, your own website, or retail stores. 🔹 Retail Readiness Indicators: Learn the key signs that your product is ready for retail, including digital presence and customer feedback. 🔹 Key Marketing Elements Don’t miss out on this opportunity to gain insights from industry experts and learn from real-world case studies. RSVP now to secure your spot and turn your crowdfunding success into a retail sensation! 🌟 #Webinar #Ecommerce #RetailSuccess #Crowdfunding #Marketing #SalesChannels #RetailReadiness #IndustryExperts #CaseStudies 👉 RSVP here: https://lnkd.in/gSP6zwn3

Calling all angel investors! 🌟 Discover the Future of Local Commerce with Lollyloo Shopper 🌟 Are you looking for a ground-breaking opportunity in the digital commerce space? Lollyloo Shopper is revolutionizing local commerce by integrating business directories, marketplaces, and community engagement into one seamless platform. Invest in Lollyloo Shopper and be part of the next big thing in local commerce. We’re not just building a platform; we’re creating a community-centric ecosystem that supports local businesses and promotes economic growth. 🚀 Join us to lead the transformation of local markets. Your investment will power our expansion and innovation, setting the stage for unmatched market dominance. https://lnkd.in/grn3KXu9 #InvestInInnovation #AngelInvestors #LocalCommerceRevolution #StartupInvesting #OregonStartups https://lnkd.in/gJhkPZYv

A very exciting time as BVP provides funding to OOHPod! Read the article below for further information. The Image features BVPs Investment Director Stephen Burdock front and centre alongside our CEO Elliott Griffin. #EIIS #Portfolio #Investing #funding #EII #Investment #VC

IDEA: Major Supermarket Digital BillBoards on Supermarket Carparks in Towns & City’s where local & National Busines’s pay to advertise on them in 1hr blocks at a peak rate & off peak rate: And all revenue being created is for local food banks & the money raised at a supermarket through the digital billboard has to be spent on food & drink at the supermarket it was raised at weekly or monthly. Food Banks are under enormous pressure to supply the people in need and such a marketing service could benefit the food bank & the supermarket. Also to help boost the earnings of the digital business marketing billboard there is a corresponding app so customers of that supermarket can checkout which business is advertising what product or service live & the more that down load the app the more leverage the supermarket has to charge more for advertising to raise more money for food banks & market there supermarket. It could be Aldi, Lidl, Sainsbury’s, Asda and Tesco in a town like Burnley offering the marketing service to businesses and really helping to fill the local food banks of Burnley like Church on the Street with food & drink.

🚀 Big News in E-Commerce: Wishlink Scores $7M Boost Led by Powerhouses Fundmentum and Elevation! 🌐💰 Hold onto your seats, LinkedIn fam! 🎉 Wishlink, the game-changer in digital retail, is on the brink of something extraordinary, with a massive $7 million funding round led by none other than Fundmentum and Elevation! 🚀💸 Why is this a big deal? Because it's not just funding; it's a stamp of approval from two major players in the investment game. Fundmentum and Elevation clearly see something special in Wishlink's approach to online shopping. Picture this: $7 million pouring into Wishlink's coffers, propelling the company into a new era of growth, innovation, and user delight. This isn't just about the money; it's about the confidence these investors have in Wishlink's vision for the future of digital retail. Wishlink's unique charm in the e-commerce realm is turning heads, and this funding round is the catalyst for its next big moves. 🚀✨ Watch closely as Wishlink transforms this investment into a force that reshapes the digital retail landscape. Exciting times ahead! 👀🌟 #Wishlink #ECommerceRevolution #FundingNews #InnovationJourney

The biggest DTC losers of 2024 will be the brands that act like it's still 2020. Let me explain. In 2020: ➝ Everybody was working from home ➝ Stimulus checks meant more disposable income for many ➝ Bored at home and flush with cash, consumers started spending ➝ Rates got cut to near-zero and tons of companies took advantage ➝ Anyone and everyone was raising money with a "growth over profits" mindset Do you know what that meant for DTC brands? Coupon codes. Coupon codes. Coupon codes. As long as they saw Top Line growth on their internal dashboards, they were happy. Profit was an afterthought. Oh, how things have changed. In 2024: ➝ People are returning to the office ➝ Stimulus checks are gone and people are struggling more ➝ Discretionary spending is way down compared to pandemic levels ➝ Rates shot up and companies are unfortunately laying off those over-hired ➝ "Growth over profits" is a thing of the past—your brand needs to make money I'm not here to give you a macro-economics lesson. I'm here to tell you a growing Top Line means precisely 0 if profit isn't growing with it. How you discount directly affects that. Just something to keep in mind.

ReturnQueen, a leading innovator in the e-commerce returns management industry, is thrilled to announce a strategic partnership with PUDO, Inc., one of North America's largest independent pick-up and drop-off networks. This collaboration is set to redefine the way consumers handle returns, making the process more seamless, eco-friendly and customer-centric. "We are very excited to partner with PUDO," said Dasya Katz, CEO of ReturnQueen, "By combining our expertise in returns management with the extensive PUDOpoint network, we are empowering consumers to make returns a hassle-free and eco-conscious process." "We are thrilled with our partnership with ReturnQueen, and in the time we've been working together, we have been consistently impressed with their commitment to efficiency. In the past few months alone, we've seen a remarkable 20% increase in efficiency," said Elliott Etheredge, CEO of PUDO, Inc. Read more on the RLA News & Views Blog: https://lnkd.in/gMq9jtNf #RLA #reverselogistics #circulareconomy #returns #returnsmanagement #strategicpartnership #businesspartner #businesssolutions #ecommerce #ecofriendly #customerexperience