Fairdeal.Market closed a $15 million Series A led by Bertelsmann India Investments, with participation from WaterBridge Ventures and Incubate Asia Fund. The B2B quick commerce startup, founded in 2022 by Prateek and Yash Bansal, delivers more than 1,000 SKUs to kirana retailers within 60 minutes and says it now works with over 20,000 active stores across Delhi-NCR.
The company will put the money toward expanding its dark store network, building out technology and data infrastructure, and moving into new metros. It has set a target of serving more than 1 lakh retailers during the current financial year.
Read the full article on YourStory.
Credit: YourStory