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Grocery retail chain SuperK raises USD 6 million, Retail News, ET Retail

"The funding will be used for investing in technology infrastructure, hiring, and scaling the platform to connect digital native brands with SuperK customers," it said. SuperK is currently operating in more than 80 Tier 3, 4, 5 towns of Andhra Pradesh. ....

New Delhi , Karthik Reddy , Silver Needle Ventures , Veltis Capital , Atrium Angels , South India , Blume Ventures , Grocery Retail Chain , Superk Funding , Blume Ventures , Karthik Reddy , Veltis Capital , Silver Needle Ventures , Atrium Angels ,

Namdhari's eyes up to $30 mn for expansion

Premium grocery retail chain Namdhari’s Agro Fresh Pvt. Ltd is looking to raise between $20 million and $30 million as it looks to scale beyond South India. ....

Andhra Pradesh , Gurmukh Roopra , Namdhari Group , Bengaluru Based Namdhari , Walmart Backed Flipkart , Simpli Namdhari , Namdhari S , Premium Grocery Retail Chain , Namdharis Agro Fresh , Retail Chain , Grocery Retail Chain , Is Looking To Raise 20 Million 30 Scale Operations Beyond South India The Company Facing Competition From Quick Commerce Firms And Online Grocery Delivery Platforms , Leading It To Increase Investments In Its Brand Namdharis Is Considering Strategic Partnerships Or Financial Expand Business The Retailer Was Previously Talks With Flipkart Fora Possible Acquisition , But The Talks Did Not Materialize Namdharis Currently Has 27 Stores , Mostly In Bengaluru , And Plans To Expand With More Large Format Stores The Share Of Modern Retail In India Is Still Small Compared Kirana , But The Rise Of Online Platforms And Pandemic Have Led To Greater Adoption Retail Namdharis Is Focusing On Building An Omnichannel Presence Providing Experience Store For Customers ,