Peak XV leads Rs 72 Cr round in tier II/III quick commerce challenger BazaarNow
Bengaluru-based BazaarNow has closed a Rs 72 crore ($7.8M) round led by Peak XV, with Whiteboard Capital and Antler participating. The vernacular-first grocery app targets tier II/III shoppers with localized assortments, claims 1,800 orders/day/store, and plans town-cluster expansion over the next 6-12 months.
BazaarNow, a Bengaluru-based quick commerce startup targeting tier II/III grocery shoppers with vernacular-first app and local assortments, raised Rs 72 crore led by Peak XV. Plans expansion into nearby town clusters over 6-12 months.
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