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Cuponation

Radlkoferstraße 2, Munich, Bavaria, 81373, Germany

Overview

Cuponation operates digital destination platforms that aggregate coupons, discounts and deals from online stores into a single website. It collects available coupons and deals across all categories to enable customers to save on everyday online shopping. The company runs more than 40 platforms in over 20 countries and aggregates discounts from more than 25,000 online stores and brands, including Amazon, Asos, Zalando and Domino’s. Founded in 2012 by Gerhard Trautmann, Adrian Renner and Andreas Fruth, Cuponation is based in Munich and also maintains offices in Paris, Madrid, Amsterdam, São Paulo, New Delhi and Moscow. The company raised €10M in a Series B and is using the funds for global expansion, launching new platforms in new markets and growing in existing locations. CupoNation India aggregates online coupons, deals and vouchers from e‑commerce retailers across multiple categories, publishing them on its website for consumers to use at checkout. Customers visit the site to find the best deals and apply voucher codes to obtain discounts. The company earns a predetermined commission on each order generated through its site, either as a percentage of transaction value or a flat fee. The Indian arm was co‑founded by Sahil Shah and Chirag Rakshit; Shah leads the India chapter from New Delhi and the team includes dedicated online marketing and sourcing functions. CupoNation India is funded in the vicinity of a higher single‑digit million euros by an international group of investors, with Rocket Internet identified as the primary investor, and says it is not seeking additional funding at present. Its stated plans are to become the leader in the Indian online coupon market by securing exclusive deals and voucher codes with retailers.

Total raised
$11M
Funding rounds
2
Latest round
Series B
Latest activity
Jan 2016

Industries

  • Beauty
  • E-Commerce
  • Fashion
  • Internet
  • Mobile
  • Online Portals
  • Travel
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Recent funding

  1. Series B

    Jan 2016

    $11M

Team

No current team members are available.