How Much Did ShopKirana Raise?
Funding & Key Investors

ShopKirana, a prominent player in the Indian B2B commerce sector, has successfully navigated multiple rounds of capital infusion to solidify its market position. The company has secured a total of $50M in cumulative financing, reflecting strong investor confidence in its supply chain technology model. Most recently, the firm finalized a $38M major strategic investment, marking a significant milestone in its growth trajectory as it scales operations across the Indian retail landscape.

This latest injection of capital underscores the company's ability to attract high-caliber institutional backing, positioning it to further enhance its demand-side transparency and market intelligence capabilities for retailers and brands alike.

What is ShopKirana?

ShopKirana
RetailGrocery Retail

Headquartered in Indore, India, ShopKirana operates as a technology-driven B2B commerce platform designed to modernize the traditional retail supply chain. By integrating operational expertise with advanced digital infrastructure, the company empowers small-scale retailers to compete effectively in an increasingly digitized market. ShopKirana serves as a critical bridge between large-scale brands and the fragmented retail ecosystem, providing deep market insights and logistical efficiency that drive demand and improve distribution transparency. Its core value proposition lies in its ability to leverage data to optimize inventory management and supply chain velocity, effectively transforming the way goods move from manufacturers to the end consumer.

How much funding has ShopKirana raised?

ShopKirana has raised a total of $50M across 3 funding rounds:

2018

Series A

$2M

2019

Series B

$10M

2022

Series C

$38M

Series A (2018): $2M with participation from InfoEdge

Series B (2019): $10M led by Better Capital, Akatsuki AET Fund, Incubate Fund, NPTK Emerging Asia Fund, and Info Edge

Series C (2022): $38M supported by 9Unicorns, Ajanta India, Info Edge (India), Oman India Joint Investment Fund, Sixth Sense Ventures, Trifecta Capital Services, Incubate Fund, Gunosy, and Akatsuki

Key Investors in ShopKirana

Info Edge (India)

Info Edge is a leading Indian online classifieds conglomerate with a robust portfolio in recruitment, real estate, and education, known for its long-term commitment to profitable internet-based business models.

Sixth Sense Ventures

Sixth Sense Ventures is a consumer-centric venture fund that specializes in identifying and scaling challenger brands and omnichannel players within the Indian market.

Oman India Joint Investment Fund

OIJIF is a professionally managed private equity firm that focuses on growth capital investments, targeting scalable mid-market businesses across the consumer and technology sectors in India.

What's next for ShopKirana?

With the successful closure of its latest funding round, ShopKirana is well-positioned to accelerate its expansion strategy and deepen its technological moat. The company is expected to focus on scaling its footprint, enhancing its proprietary data analytics engine, and broadening its service offerings to include more sophisticated financial and operational tools for its retail partners. As the Indian B2B commerce space continues to consolidate, ShopKirana's focus on supply chain innovation and brand-retailer connectivity will likely remain the primary driver of its long-term competitive advantage and sustainable growth.

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Frequently Asked Questions Regarding ShopKirana Financial Insights

What are the most recent funding rounds that ShopKirana has completed, and what were the funding rounds?
ShopKirana has recently completed 3 funding rounds: Series C on Jan 27, 2022, Series B on Aug 16, 2019, Series A on Dec 6, 2018.
What is the total amount of funding ShopKirana has raised to date?
ShopKirana has raised a total of $50M in funding to date.
How many funding rounds has ShopKirana completed?
ShopKirana has completed 3 funding rounds.
How much funding did ShopKirana raise in its most recent funding round?
ShopKirana raised $38M in its most recent funding round.
Who are the lead investors in ShopKirana's latest funding round?
The lead investor in ShopKirana's latest funding round was 9Unicorns. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in ShopKirana's history?
The largest funding round in ShopKirana's history was $38M.
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