logo
logo

Citymall Raises $11 Million In Funding Led By Accel

Mar 25, 2021over 4 years ago

Amount Raised

$11 Million

Description

The capital will be used to strengthen the online grocery platform’s supply chain, logistics network and expand its footprint to 20 new cities in tier 2, 3, and 4 markets

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
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech