CraftsVilla an online marketplace for Indian products has acquired the on-demand shipping service provider Sendd for $4.5 million.Craftsvilla mentions that it will use the acquisition to strengthen its logistics capabilities.
About Craftsvilla
- Craftsvilla was founded by Manoj Gupta and Monica Gupta in 2011. It takes a 20% commission on the products sold.
- However, it is not clear if the company does this on per item or per order, which might include many items. The company claims to have 25,000 sellers on its platform, along with 3.5 million sold products.
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