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Apna Mart secures 25 million dollars in funding for rapid growth
Apna Mart, a quick commerce startup, has secured $25 million in a funding round led by Fundamentum Partnership, with participation from existing investors Peak XV Partners and Sparrow Capital, as well as new investor Accel India. Founded in 2022 by Abhishek Singh and Chetan Garg, the company focuses on delivering groceries and essentials within 15 minutes in Tier II and III cities, utilizing a franchise outlet model that differentiates it from competitors like Blinkit and Swiggy Instamart.
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