India’s ElasticRun raises $75 million to grow its commerce platform for neighborhood stores

30 Apr, 2021

India’s ElasticRun raises $75 million to grow its commerce platform for neighborhood stores
Photo by Jamie Liu on Unsplash

– ElasticRun, a startup that is helping neighborhood stores in India secure working capital, inventory from top brands and work with e-commerce firms to boost revenues, raised $75m in its Series D funding round.
– The round was co-led by existing investors Avataar Ventures and Prosus Ventures, and existing investor Kalaari Capital also participated in the round.
– The company has raised $130.5m to date.

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