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Micromax invests undisclosed amount in price comparison service Scandid

Mobile phone and tablet manufacturer Micromax has invested an undisclosed amount in price comparison and discovery service Scandid, reports TechCircle. Scandid is operated by Pune-based WishPoint Tech Pvt Ltd and started out as a website called ShoppingWish, later expanding to mobile in 2014. Scandid lets you scan the barcode of a product to get its price in various stores online and offline. It also offers discounts and coupons, if any, for the product. The app is available for iOS & Android and there is an option for users to search for product prices manually without a barcode. Users can discover discounts across Flipkart, Snapdeal, Amazon and other e-commerce stores. Scandid also provides information from local retailers. The company was originally founded in June 2012 by Sushil Choudhari, Madhur Khandelwal and Bhaskar Thakur. Khandelwal has moved on to a new venture according to his LinkedIn page and isn't mentioned on Scandid's About Us page. The company had raised an undisclosed amount of angel funding from Sandeep Johri and other angel investors in 2013 and said that it would use the funds to gain user traction for ShoppingWish.in. Micromax's other investments - In August, Micromax made an undisclosed strategic investment in an international startup called MiMedia which offers online backup and cloud storage services. Through its services, MiMedia Beta lets users store photos, videos, music and files to the cloud via the web, iOS and Android, offering 10GB of free storage. - In June, Micromax made an undisclosed investment in online travel meta search engine and marketplace Ixigo. Following this investment, the two companies…

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