ASHWIN KOORAKULA’S (SLP BANGALORE, 2020) XPRESSLANE (ONLINE CHECKOUT TRANSACTIONS) RAISES $400K IN PRE-SEED FUNDING ROUND

Co-founded by SLP Fellow Ashwin Koorakula, Xpresslane is a tech startup that focuses on online checkout transactions. With a unified identity across all e-commerce merchants, it brings efficiency and perfection to the overall checkout experience of the user.

Xpresslane raised $400K in a pre-seed funding round led by Point One Capital, Yatra Angel Network (YAN), Opus Consulting, and Manipal Technologies. The round witnessed participation from angel investors, including Rohit Chanana (Sarcha Advisors), Karan Chowdhary, and Manish Chowdhary (WOW Skin Science). The startup plans to use this capital for growth in business as well as for hiring.

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Website: https://www.xpresslane.in/