FMCG platform raises Rs 3 cr in pre-series A round - The Hindu BusinessLine
April 16, 2021 Funds raised to be used for scaling business in Hyderabad and Chennai AnKa SumMor, a sales and distribution (S&D) platform for the FMCG sector, has raised Rs 3 crore in a Pre-Series A round led by Inflection Point Ventures, one of India’s largest angel investment platforms in India. The funds raised will be utilised towards scaling business in Hyderabad and Chennai with improved infrastructure, coverage, and branding. The funds will also be used for expanding operations to Bengaluru, along with technology development and deployment. On a journey to disrupt FMCG sales and dis...
Source: thehindubusinessline.com