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Shopee was established in Singapore in February 2015 as a mobile-focused marketplace that enables users to browse, shop, and sell products. [9] The platform integrates logistical and payment support to facilitate transactions and is designed to operate with minimal physical assets.
According to Peerzada Abrar of Business Standard, "BharatPe was founded in 2018 by Bhavik Koladiya and Shashvat Nakrani, with the vision of making financial inclusion a reality for Indian merchants."
For its first round of seed funding, ShopBack raised over US$500,000. [12] The company has since experienced a fast growth. [13] In March 2015, ShopBack received further investment funding of US$600,000.
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