Indian B2B wholesale platform ApnaKlub raises $10 million

Oluwajuwonlo Afolabi -

ApnaKlub, an India-based business-to-business (B2B) wholesale platform has raised $10 million in its Series A funding round from Tiger Global.

  • ApnaKlub is an FMCG wholesale platform helping social sellers and kirana-store owners in tier II and tier III cities in India to digitize their wholesale business as rural wholesalers or business shopkeepers.
  • The startup manages digital supply chain, credit tools, logistics and inventory for businesses. The startup claims the funding will be used to develop infrastructure in key states, increase its partners from 5,000 to 20,000 and scale its credit products.
  • It last raised $4 million in August 2021 from Sequoia India's Surge, Blume Ventures, WhiteBoard Capital and Flourish Ventures.