Wheelocity Bags $15 Mn In Funding To Expand Into FMCG Space

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SUMMARY

With this funding, the startup plans to go beyond fresh produce and groceries and aims to expand into non-food FMCG items, staples, household essentials, and other discretionary products

The company will also invest in enhancing its tech stack to provide more efficient, accessible services for its consumers

Founded in April 2022 by Selvam VMS and Senthil Kumar, the startup aims to solve the supply chain problems for fresh commerce in India. It operates on a phygital model to serve semi-urban and rural consumers in…



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Wheelocity Bags $15 Mn In Funding To Expand Into FMCG Space


SUMMARY

With this funding, the startup plans to go beyond fresh produce and groceries and aims to expand into non-food FMCG items, staples, household essentials, and other discretionary products

The company will also invest in enhancing its tech stack to provide more efficient, accessible services for its consumers

Founded in April 2022 by Selvam VMS and Senthil Kumar, the startup aims to solve the supply chain problems for fresh commerce in India. It operates on a phygital model to serve semi-urban and rural consumers in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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