Online deals startup Couponhaat has raised an undisclosed amount of investment in its pre-Series A round from Austria-based angel investor Alex Wawrina, a top company executive told VCCircle.
The firm will use the new capital for product development by leveraging big data and machine learning, enhancing customer experience, acquiring talent, and global expansion, Vipin Kumar Yadav, founder and chief executive of Couponhaat said.
“We look forward to building a bright future for the rapidly evolving startup, which has established its unique identity as a leading e-commerce enabler in a very short period of time,” said Wawrina, who also runs a semi-conductor business in Europe.
The company, run by Digital Haat Pvt. Ltd., was founded in April 2015 by Yadav, who prior to setting up the startup worked as an engineer at automotive company AVL India.
Couponhaat claims to have a subscriber base of 4.5 lakh, selling 500 coupons per day.
“Going forward, we plan to…