Investments
2Latest Sachin Sharma News
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.
Sachin Sharma Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
4/6/2022 | Series B | 1K Kirana Bazaar | $25M | Yes | 3 | |
10/13/2021 | Seed VC |
Date | 4/6/2022 | 10/13/2021 |
|---|---|---|
Round | Series B | Seed VC |
Company | 1K Kirana Bazaar | |
Amount | $25M | |
New? | Yes | |
Co-Investors | ||
Sources | 3 |
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