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1K Kirana has successfully raised $25 million in a recent funding round to enhance the connection between consumers and grocery stores. The funding aims to support their growth and operational improvements.

Apr 14, 20258 months ago

Amount Raised

$25 Million

India

Description

1K Kirana has raised $25 million to connect consumers with grocery stores. This funding will be utilized to enhance their services and expand operations. The investment is expected to significantly improve customer access to grocery products. 1K Kirana is focused on strengthening its platform to better serve its users.

Company Information

Company

1K Kirana

Location

India

About

A number of angel investors including Amrit Acharya, founder and chief executive of Zetwerk, also participated in what the startup said is the first tranche of a larger financing round. The startup serves as a distribution network for these stores, and also helps them with digital marketing to reach more consumers.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech