Last deal

$3.8M
Local Amount - INR 320M

Amount

Series B

Stage

29.04.2024

Date

4

all rounds

$35.7M

Total amount

General

About Company
The company aims to revolutionize grocery shopping for non-urban areas in India.

Industry

Sector :

Subsector :

Keywords :

Also Known As

1K, Niyotail

founded date

01.01.2018

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

The company provides a distribution network that connects retailers directly with manufacturers for food and FMCG products. Their network offers integrated backend systems, business intelligence, and retailer applications, enabling manufacturers to distribute products more efficiently and retailers to source a variety of products easily. They are building a tech-driven modern kirana chain called "1K Kirana Bazaar" to serve smaller towns, combining online and offline capabilities for retail customers and improving sourcing efficiencies. The company was founded in 2018 and is based in Haryana, India.
Contacts