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To Expand Operations, VilCart Raises $18 million 

Technology company VilCart, which focuses on rural economies, has raised $18 million (about 144 crore Rs.) from investors to expand its operations. In a Series A funding round that was led by Asia Impact SA, this amount was given to the company. <br>

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To Expand Operations, VilCart Raises $18 million 

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  1. HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING POLITICS STARTUPS MARKETS  Search here ...  To Expand Operations, VilCart Raises $18 million    Home - Fund Raising - To Expand Operations, VilCart Raises $18 million   

  2. Fund Raising  January 16, 2023        Technology company VilCart, which focuses on rural economies, has raised $18 million (about 144 crore Rs.) from investors to expand its operations. In a Series A funding round that was led by Asia Impact SA, this amount was given to the company.   Texterity Pvt Ltd and Nabventures Fund also took part in the round, according to a statement from VilCart.  By the year 2024, VilCart intends to use this investment to expand its operations over all of South India.  VilCart, a company founded in 2018 by Amith S. Mali and Prasanna Kumar, aims to use technology to transform the rural unorganised retail sector by providing high-quality products at competitive prices to every rural family through the use of a sophisticated supply chain and logistical infrastructure.  To take use of the established supply chain network and offer high-quality items to the rural population, the 몭rm has created several private labels.    In 30,000 villages, VilCart has currently connected to 85,000 kirana outlets, encompassing 29 districts in Karnataka and one in each of Andhra Pradesh and Tamil Nadu.   Future Plan’s   According to the announcement, VilCart increased its size to $25 million in FY22 from $9.6 million in FY21.   VilCart’s founder, Prasanna Kumar, stated: The rural ecology has to be strengthened right now. By establishing a solid network, VilCart seeks to close the gap between rural customers and the producers/primary market.    They hope to expand our business throughout all of South India with the additional 몭nancing.”    VilCart provides a local language mobile app for rural kirana businesses and customers in addition to serving as the sourcing, logistics, technology, marketing, and branding partner of rural kirana stores.    The app’s arti몭cial intelligence and machine learning features assist kirana business owners with a variety of tasks, including improved credit and inventory management.   You can share this post!         Previous article After Q3 Earnings, Just Dial Shares Increased by 10% Next article  Startups in the Food and Agritech Sectors Provide Investment in FY22   Related Articles

  3. Leave a Reply Your email address will not be published. Required 몭elds are marked * Comment * Name * Email * POST COMMENT Search here ...  Latest Update RECENT POPULAR COMMON  January 16, 2023 Startups in the Food and Agritech Sectors Provide Investment in FY22    January 16, 2023 To Expand Operations, VilCart Raises $18 million  

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  6.  January 16, 2023 Startups in the Food and Agritech Sectors Provide Investment in FY22    January 16, 2023 To Expand Operations, VilCart Raises $18 million    January 16, 2023 After Q3 Earnings, Just Dial Shares Increased by 10% Newsletter

  7. Subscribe to our mailing list to get the new updates!  Subscribe our newsletter to stay updated Your email address  About Indiabiz Recent Post  January 16, 2023 Startups in the Food and Agritech Sectors Provide Investment in FY22    January 16, 2023 To Expand Operations, VilCart Raises $18 million    January 16, 2023 After Q3 Earnings, Just Dial Shares Increased by 10% Popular Categories Trending Post Campaigns Digital Media Why SME IPOs are unfolding as top fund- raising platform for investors  Fund Raising Marketing Markets Politics Startups Uncategorized In A Seed Funding Round, Contlo Raises $3.5 Million   Paytm Shares Decline By 3% As A Rs 850 Billion Repurchase Falls Short Of Investors’ Expectations 

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