Proceeds will be utilised to expand company's hyperlocal shopping services to over 50 cities
MySmartPrice has been growing about 100 per cent a year and is profitable.
VCs say soft skills is one aspect they look at before investing.
Zopper, a price comparison site, with 2,000 online and 200,000 offline merchants on board, aims to increase user activity 100 times in 3 years.