Citymall
Accel leads $47m round in Indian ecommerce startup CityMall
CityMall plans to use the new funding to expand in current and new regions, grow its label offerings, add brand partnerships, and hire more staff.
Grace Priscilla Teo · · 2 min read
Indian ecommerce firm CityMall sheds 191 jobs
The development comes a year after it raised US$22.5 million for team expansion and logistics development.
Roehl Niño Bautista · · 1 min read
Behind Indonesia’s 15-minute grocery deliveries
In The Checkout this week, we look at how quick commerce is shaping up in Indonesia, and dive into Shopee’s hasty India exit.
Nikita Puri · · 6 min read
🇮🇳 Roundup: CredAble says it disbursed $3b in 2021
Also, Pickrr launches same-day deliveries in India’s metro cities.
Kul Bhushan · · 1 min read
Indian social commerce startup nets $75m in series C money
Citymall aims to expand its reach to 100 towns in India over the next 18 months.
Kul Bhushan · · 2 min read🇮🇳 Roundup: Rebel Foods ramps up hiring, and more
Also, HealthQuad raises US$150 million for its second fund, Salesforce kicks off startup program in the country, and other news.
Roehl Niño Bautista · · 2 min readIndia Roundup: TikTok-like social media app enters crypto space, and more
Also, Paytm will set aside US$13 million for marketing activities during the festive season, and edtech firm Unacademy is in talks to make an acquisition.
Kul Bhushan · · 2 min readFlipkart’s social commerce platform to bolster tier 2 presence as users hit 200k
Shopsy aims to achieve 20x growth ahead of the festival season in India.
Kul Bhushan · · 2 min readYouTube acquires Indian social commerce startup Simsim
YouTube said the Simsim app will continue to operate independently for now.
Kul Bhushan · · 2 min readIndian social commerce app DealShare bags $144m in Tiger Global-led round
WestBridge Capital and Alpha Wave Incubation also took part in DealShare’s latest round.
Kul Bhushan · · 3 min read