Angel Investments
B2B supply chain network for retailers MyMandi raises more from Real Time Angel Fund
Gwalior, Madhya Pradesh-headquartered B2B (business-to-business) supply chain network for retailers MyMandi, has raised INR 10 crore (via CCDs) led by existing investor Real Time Angel Fund. The fresh capital will be used to expand its offerings, enhance its technological infrastructure and increase its market reach. Co-founded in 2022 by Mahanaryaman Scindia and Suryansh Rana, MyMandi offers integrated business solutions to retailers in tier II and tier III cities, including warehousing, logistics and financial services.
From the Venture Intelligence Angel Investment Database: In Oct-2022, MyMandi - then positioned as a B2B marketplace for the cart-pusher community - had raised INR 4 crore from Real Time Angel Fund (RTAF) with participation from LetsVenture.
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