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Investments

2

About Sachin Sharma

Sachin Sharma is an angel investor.

Sachin Sharma Headquarter Location

India

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Latest Sachin Sharma News

1K Kirana raises $25Mn for its hyperlocal ‘kirana’ stores aggregation platform

May 27, 2022

1K Kirana, the Gurugram-based fourth year startup has raised $25 Mn in its Series B, to scale yet another VC-backed attempt at digitising India’s unorganised by highly functional ‘kirana’ stores network.The round was led by Alpha Wave Global ($11.5 Mn), Info Edge Ventures ($10.5 Mn) and Kae capital.1K Kirana, founded by Kumar Sangeetesh, Abhishek Halder and Sachin Sharma, primarily serves as a distribution network for local departmental stores in order to alleviate their struggles of acquiring inventory at the best price available.In addition to all of this, 1K Kirana maintain an App that end level consumers can use to make orders from these stores for home delivery and pay for them.1K Kirana seem to have taken the ground-up approach instead, building up from these neighborhood stores and capitalising on their relatively stable consumer base, especially in Tier-2 and Tier-3 cities. Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.

Sachin Sharma Investments

2 Investments

Sachin Sharma has made 2 investments. Their latest investment was in 1K Kirana Bazaar as part of their Series B on April 4, 2022.

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Sachin Sharma Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/6/2022

Series B

1K Kirana Bazaar

$25M

Yes

3

10/13/2021

Seed VC

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$99M

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10

Date

4/6/2022

10/13/2021

Round

Series B

Seed VC

Company

1K Kirana Bazaar

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Amount

$25M

$99M

New?

Yes

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Co-Investors

Sources

3

10

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