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Elasticrun Raises $75 Million Led By Existing Investors

Apr 28, 2021over 4 years ago

Amount Raised

$75 Million

Description

Corner-stores commerce platform ElasticRun has raised $75 million, led by existing investors Avataar Ventures and Prosus Ventures, and participation from Kalaari Capital.

Company Information

Company

Elastic Run

About

With this, the Pune-based startup has become the sixth company to enter to the unicorn club (startups valued at $1 billion and above) this year after social commerce startup Dealshare, end-to-end enterprise HR software DarwinBox, edtech startup LEAD, artificial intelligence startup Fractal, and home interiors platform Livspace. In 2019, the startup had raised $40 million in its Series C round led by Prosus and Avataar.

Funding Insights

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