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FNB News - "We help reduce last mile costs and wastages" fnbnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fnbnews.com Daily Mail and Mail on Sunday newspapers.
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 distribution for emerging brands, AnKa SumMor had launched the SumMor Model in 2018, which has added value for brand partners with increased revenue, reduced S&D cost and real time transparent MIS. These features have not only helped the associated businesses grow, but have also triggered the operations of the start-up to a higher level, venturing into Chennai and plans to launch Beng ....
AnKa SumMor raises a Pre-Series-A funding round of INR 3 CR adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.