Private Equity PE Fund Investments
B2B m-commerce firm ShopKirana raises $38-M from Info Edge, Oman India fund, others
Indore-based B2B grocery startup Shopkirana has raised USD 38 million from Info Edge, Oman India Joint Investment Fund, and Sixth Sense Ventures. The round also saw participation from Trifecta, Incubate Fund, Akatsuki, Ajanta LLP, Gunosy Capital, and others.
Founded in 2015, ShopKirana works directly with brands and gives them a boost on distribution with market intelligence. It currently works with 50,000 kirana stores in eight cities across Madhya Pradesh, Uttar Pradesh, Rajasthan and Gujarat.
Company website ↗ (opens in a new tab)
From the Venture Intelligence PE-VC Deal Database: Between Dec-16 and Aug-19, ShopKirana raised $12.7 M from AET Fund, Incubate Fund, Info Edge, and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)