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Recently Funded
Amount:USD 150.0M
Industry:Retail

Kiranakart Secures $150 Million Investment for Revolutionary Instant Grocery Delivery Model in India

Kiranakart

Kiranakart
Founded N/A
2-10 employees employees
N/A
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Includes verified contact details & buying signals

Kiranakart, an emerging player in the Indian grocery delivery landscape, has successfully raised an impressive ₹150 million in its latest funding round. This significant capital boost is poised to elevate the company's mission of revolutionizing instant grocery delivery across the subcontinent. As India's online grocery demand surges, Kiranakart is strategically positioning itself to fill a critical gap in the market, offering a seamless shopping experience to its customers. While the company has been operating under the radar, this funding underscores the confidence investors have in Kiranakart's innovative approach and operational potential. The funds will primarily be allocated towards expanding our logistics network, enhancing our technology platform, and widening our product range to cater to the diverse tastes and preferences of Indian consumers. By investing in advanced delivery infrastructure and user-friendly mobile interfaces, Kiranakart aims to set a new benchmark in convenience and customer satisfaction. As we gear up for our next phase of growth, we invite our customers and stakeholders to stay tuned—exciting developments are on the horizon! Our vision is clear: to redefine the grocery shopping experience with speed and reliability, making quality essentials within arm's reach in every household. With this fresh influx of capital, Kiranakart is not just focused on expanding its footprint but is dedicated to crafting a service that truly resonates with and serves the Indian consumer.

October 22, 2024

Buying Signals & Intent

This company has expressed interest in the following products and services:

  • Delivery Services
  • E-commerce Technology
  • Mobile App Development
  • Supply Chain Solutions
  • Marketing Services

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Investors

Ranjan Pai

Ramesh Juneja

Rajeev Juneja

Cipla

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