Private Equity VC Fund Investments
B2B commerce startup ApnaKlub raises $10-M from Tiger Global
Bangalore-based mobile based B2B FMCG products procurement platform, ApnaKlub, has raised INR 76.07 crore (USD 10 million) from Tiger Global at a reported valuation of INR 266 crore (USD 34 million). It has issued 10,721 Series A CCPS to Tiger Global at a price of INR 7,0956.5 per share.
Founded in 2020, ApnaKlub connects retailers and kirana stores and fast-moving consumer goods (FMCG) brands via its wholesale partners.
From the Venture Intelligence PE-VC Deal Database: Between Oct-2019 and Aug-2021, ApnaKlub had raised over USD 5 M from Blume Ventures, Whiteboard Capital, Flourish Ventures and Sequoia Capital India. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)