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- A shoppable video startup gets $1.1M in seed funding
A shoppable video startup gets $1.1M in seed funding
Founded in 2016 in India by Bhejash Joshi and Kaizad Hansotia, Swirl has secured $1.1M to expand to the US and UAE, while also making its AI integrations much better. The funding round was led by Shastra VC and other angel investors.
Making shopping fun with video
Swirl is a startup that can turn video watchers into shoppers. They offer things like:
They already have big name clients like Puma, Homesrus, Momstore, VIVO, and more and has gained validation from global brands across India, the Middle East, and Europe.
Addressing the hard part for brands
Swirl wants to address low engagement, sales and reach faced by brands in the market. According to Technode, Swirl is able to:
Increase ecommerce conversions by 3x
Average of 13x ROI
Have a 35% engagement rate
Innovation vs the world
For its new tech innovation, Swirl will help boost SEO by bringing in new visitors organically through better metadata. Swirl will also use video details to teach a 24/7 chatbot within the to offering product suggestions and upsells.
It’s going to face some stiff competition, especially with the strength of social commerce today. TikTok is testing a feature where “find similar items on TikTok Shop” could appear on every object in a video.
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