E-commerce player 10i receives funding from Infosys founder Nandan Nilekani

Q.  Which e-commerce startup has received funding from Infosys cofounder Nandan Nilenkani?
- Published on 26 Jul 16

a. 10i
b. 20i
c. 25i
d. 30i

ANSWER: 10i
 
Infosys co-founder Nandan Nilekani has invested in an e-commerce start up for the first time namely Bengaluru based 10i Commerce Services aimed at empowering traditional small retail stores with technology platform ShopX.
  • So far, INR 25-30 crore has been raised by Nilekani who is the sole investor in the startup with a minority stake.
  • This is his largest investment in a startup since Sedemac.

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