Subscribe to Our Newsletter

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn't arrive within 3 minutes, check your spam folder.

Ok, Thanks

Indian supply chain startup IK Kirana raises $25 million in funding

IK Kirana, [https://www.1knetworks.com/] an India-based supply chain startup has raised $25 million in its Series B funding round to attract more customers to brands and consumer outlets in India. * The funds will help the startup to hire more tech talents and expand its services to over 100

Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Indian supply chain startup IK Kirana raises $25 million in funding
Photo by Nico Smit / Unsplash

IK Kirana, an India-based supply chain startup has raised $25 million in its Series B funding round to attract more customers to brands and consumer outlets in India.

  • The funds will help the startup to hire more tech talents and expand its services to over 100 districts in India, it claims.
  • IK Kirana is an app-based consumer goods supply platform and digital marketing for brands that partners with wholesalers and retailers to get goods to consumers in India.
  • With a partnership with over 1,000 stores, the startup is increasing sales for consumer goods outlets in India via its app and managing the distribution channel to end-users; it has served over 25 million users.
  • The round was led by Alpha Wave Global, Info Edge Ventures and Kae Capital with participation from angel investors.
Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi

Subscribe to Techloy.com

Get the latest information about companies, products, careers, and funding in the technology industry across emerging markets globally.

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks

Read More