ApnaKlub, Bangaluru, IndiaA provider of FMCG wholesale platforms, based in the United States, has raised $10M in Series A funding.
TheRound was led by Tiger Global.
TheThe company plans to use the funds in order to improve its infrastructure inExpand the platform from 5000 to 22,000 partners to key states. IndianCommunities, and to build the credit product.
ApnaKlubAnyone with a smartphone can earn additional income by aggregating demand, supplying FMCG goods to retail stores (kirana), and so on inTheir local community. TheCompany handles order aggregation and transport as well as inventory handling.
ApnaKlubIncubated with Whiteboard Capital in2020 Shruti Shruti Manish KumarThey have strong complementary backgrounds in product, strategy, and FMCG distribution. ShrutiIs it a Gold MedallistIIT DelhiGet your MBA from HarvardBusiness school with professional work experience Bain & Omidyar. ManishThis comes with extensive experience in retail & FMCG having held leadership roles at Walmart India, Metro Cash & Carry Future Group.