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Citymall Raises $22.5 Million From General Catalyst, Jungle Ventures, Others

Jun 22, 2021about 4 years ago

Amount Raised

$22.5 Million

Description

Mumbai: CityMall, an e-commerce platform focused on smaller cities and towns, has raised $22.5 million as part of its Series B funding round led by venture capital firms General Catalyst and Jungle Ventures. Existing investors Accel, Elevation Capital and WaterBridge Ventures also participated in the round.

Company Information

Company

City Mall

About

Founded in 2019 by Angad Kikla and Naisheel Verdhan, CityMall targets consumers in tier II, III and IV cities. CityMall has 25,000 community leaders, some of whom make up to Rs 15,000 a month.

Funding Insights

Based on industry data
Tech investment trends
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