e-Commerce Beauty start-up, MSM Box acquires seed funding from Angel

MSM Box, a Delhi-based start-up unit of World One Retail Private Limited offering online beauty, wellness and lifestyle products on subscription model, raised an undisclosed amount of funding from Angel investor Rohit Goel. The funds will be used for technology developement, marketing and product expansion. Aided with the fund, MSM Box further plans to launch its iOS and Android app soon. Bindu Sharma, Co-founder and Managing Director of MSM Box reportedly said, that the company’s plan is to focus on expanding customer base and to scale up operations. Started in October 2014 with present registered user-base of more than 100,000 subscribers, the start-up aims at 200,000 subscribers by the end of 2015.