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Apna Mart has raised $25 million in a funding round led by Fundamentum and Accel. The funds will support its expansion as a franchise-driven grocery chain.

PRIVATEMar 24, 2025

Amount Raised

$25 Million

Round Type

Series B

BengaluruFood and BeverageE CommerceGroceryRetail

Investors

Peak XV PartnersAlteriaDisruptors Capital2 Am VenturesSparrow CapitalAccel IndiaFundamentum Partnership Fund

Description

Apna Mart has raised Rs 214.5 crore (approximately $25 million) in equity and debt led by Fundamentum Partnership Fund and Accel with the participation of existing investors. The board has approved issuing Series B compulsory convertible preference shares to raise additional funds. Accel India remains the largest external stakeholder with a significant stake. The funding aims to enhance operational efficiency and support growth across various cities.

Quick answer

Apna Mart raised $25 Million in a Series B round, dated March 24, 2025. Investors: Peak XV Partners, Alteria, Disruptors Capital, 2 Am Ventures, Sparrow Capital, Accel India and Fundamentum Partnership Fund. Apna Mart is based in Bengaluru, Karnataka, India.

How much did Apna Mart raise?
Apna Mart raised $25 Million in a Series B round on March 24, 2025.
Who invested in Apna Mart?
Peak XV Partners, Alteria, Disruptors Capital, 2 Am Ventures, Sparrow Capital, Accel India and Fundamentum Partnership Fund are named as investors in this round.
What does Apna Mart do?
Apna Mart is a franchise-driven omnichannel grocery and FMCG chain that guarantees deliveries within 15 minutes, complementing its brick-and-mortar stores.
Where is Apna Mart based and how big is it?
Apna Mart is based in Bengaluru, Karnataka, India. Fundz records about 160 employees.
Who are the decision-makers at Apna Mart?
Fundz holds 1 contact at Apna Mart. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Food and Beverage and E Commerce around the same time

Companies in the same sectors as Apna Mart that raised within 45 days of this round, from Fundz verified event records.

  • Nothing Before Coffee raised $2.3M (Pre-Series A) on April 16, 2025.
  • Cloud Retail raised $3M (Seed) on April 23, 2025.
  • Cerebelly raised $1.4M on April 22, 2025.
  • MyDesignation raised $1.3M (Seed) on April 22, 2025.
  • Uni Seoul raised $585K (Seed) on April 21, 2025.
  • Good Monk raised $2M (Pre-Series A) on April 17, 2025.

Who to call at Apna Mart, and when

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Company Information

Company

Apna Mart

Location

Bengaluru, Karnataka, India

About

Apna Mart is a franchise-driven omnichannel grocery and FMCG chain that guarantees deliveries within 15 minutes, complementing its brick-and-mortar stores. The company operates across 14 cities, utilizing a franchise model to enhance operational efficiency. Founded by Abhishek Singh and Chetan Garg, Apna Mart aims to innovate in the grocery sector with a strong online presence. It has raised approximately $40 million across multiple funding rounds, signaling robust investor confidence.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Apna Mart raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.