Grocery retail chain SuperK raises Rs.31-Cr from Blume Ventures, VSS Investment, others

Hyderabad-based grocery retail chain SuperK has raised INR 31 crore about (USD 3.7 million) in its Series A round led by Catalyst Trusteeship Ltd, a unit of Blume Ventures (contributing INR 21.65 crore). VSS Investment Fund (an AIF promoted by Paytm Founder Vijay Shekhar Sharma), Veltis Capital, Stargazer Fund, CoralBay Ventures, Silver Needle Ventures, HOF Profectus LLP, IA Growth Opportunities, and Abhishek Goyal collectively invested the rest of the amount.Following the new round, Blume Ventures holds a 10.1% stake in SuperK, while Silver Needle Ventures and Veltis Capital will hold 1.26% and 1.06%.