Friday, 25 September 2015

Helpchat acquires Niffler

Coraza Technologies Pvt. Ltd, which operates instant messenger based personal assistant platform Helpchat, has acquired Mumbai based mobile app Niffler that helps discover deals and discounts from brick and mortar sales. Amount of deal was not disclosed and entire team of Niffler will now join Helpchat.

The acquisition will aid Helpchat in expanding to Pune and Mumbai faster as Niffler already has a presence in these key markets. Niffler team has expertise on community driven experiences and retailer supported commerce. Niffler has vision of enabling consumers to get more done through chat based personal assistance.
Acquisition will also help Helpchat accelerate the growth of its personal assistant search across the areas of offline commerce and deals based on user intent. Founded in 2014, Niffler helps user find deals and discounts from offline merchants across categories including food and drinks, spas and salons, apparel and home décor. It had recently introduced chat-based interactions between consumers and local business.

Niffler had raised a funding worth $1 Million in March 2015 from SAIF Partners. Helpchat, which rebranded itself from online complaints redressal company Akosha in July, currently offers information and assistance for various chores, ranging from phone recharges to tech support and travel bookings. It now also plans to introduce payment options as part of its service.

The company raised around Rs. 100 crore from Sequoia Capital in May this year. It has over 600 employees with offices in Bengaluru, Delhi and Mumbai. The company says it handles 50,000 requests a day with 30% coming from Bengaluru.

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