B2B Footwear Marketplace ShoeKonnect Raises Funding From Indian Angel Network

B2B marketplace network for footwear, ShoeKonnect, has raised an undisclosed amount of investment from Indian Angel Network (IAN). As part of the deal, Sahil Kejriwal of IAN will join ShoeKonnect’s board as an advisor.

The funding will be used to expand business operations, enhance technology, and product development, and bolster their marketing and development, the company said in a statement. ShoeKonnect also plans to launch the iOS version of the app soon.

Run by Bizcrum Infotech Pvt. Ltd, ShoeKonnect was founded in 2014 by Siddharth Vij, Chaitanya Rathi and Siddharth Rastogi. The company connects around 5,000 footwear businesses including manufacturers, suppliers, traders and retailers from India and abroad.