RTVL, Norwest Ventures Invest In E-transaction Firm Suvidhaa

Reliance Technology Ventures and Norwest Venture Partners India have invested an undisclosed amount in Mumbai-based Suvidhaa Infoserve Pvt Ltd, which has a technology that helps people make daily transactions such as railway ticketing, mobile recharge, air ticketing, insurance payment, bill payment, bus ticketing, movie ticketing and so on.

The company has already installed its devices in some 4,000 kirana stores. Suvidhaa’s proprietary technology platform integrates these kirana stores to the various services providers’ systems.

The company is backed by the Shapoorji Pallonji group and calls itself a services commerce (S-Commerce) firm. Suvidhaa

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