BazaarNow

Quick commerce startup BazaarNow has raised ₹72 Cr (about $7.5 Mn) in a fresh funding round led by Peak XV Partners, with participation from early-stage venture capital firms Whiteboard Capital and Antler.������\n\nThe equity round also saw strong backing from a clutch of prominent angel investors, including Meesho co-founder Vidit Aatrey, former Swiggy Instamart head Karthik Gurumurthy, AppsForBharat & Sri Mandir founder Prashant Sachan, and Chaayos co-founder Nitin Saluja, among others.\n\nThe startup plans to deploy the capital to expand BazaarNow’s geographic footprint deeper into India's Tier-II and Tier-III cities. Highlighting its early traction, BazaarNow stated that it has already scaled to processing more than 1,800 orders per day per store in its first pilot city.\n\n������ Read the full article here: https://t.co/7SyCO05aVq\n\n#Inc42 #news #QuickCommerce #Startup #Startupfunding