Nearbuy By Groupon Merchant

Nearbuy, which enables customers and local merchants to discover and engage with each other, claims to be present in more than 35 cities across 18+ categories. It has over 50,000 merchants across more than 100,000 unique locations.

nearbuy by groupon merchant

nearbuy is backed by the Venture Capital firm, Sequoia Capital with Groupon US as a minority shareholder. Post management buyout in August 2015, wherein Sequoia had invested $17 million, this is the first debt transaction for nearbuy. The Gurgaon based startup aims at utilizing the capital for investing in customer and merchant technology. 041b061a72