Fung group’s MD and others invested in ShopX
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ShopX, the assisted e-commerce platform for small retailers has recently raised INR 10.68 crore from three individuals including Fung capital’s Managing director, his wife and the former chairman of Crompton Greaves. ShopX is a B2B e-commerce that weeds out challenges regarding the sales and inventory management for small retailers. They have recently claimed to achieve an annual gross merchandise value of $900 million.