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[Funding alert] Convenience store retail chain AMPM raises Rs 1.6 Cr through Agility Venture Partners


[Funding alert] Convenience store retail chain AMPM raises Rs 1.6 Cr through Agility Venture Partners
The AMPM stores provide Indian and global products across categories like grocery, bakery, confectionery, stationery, pharmacy, and F&B (food and beverages).
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Haryana-based convenience store startup
AMPM, which aims to be India s answer to Japan’s 7-Eleven, on Tuesday announced that it has raised
Rs 1.6 crore in funding through
Agility Venture Partners, an angel investor platform.
We re exhilarated! The initial funding agreement was only for Rs 1 crore, but we saw an over-subscription of Rs 60 lakh. This support and confidence has made us more optimistic of our success in the coming years, said Shubham Gupta, Founder and Managing Director of AMPM. ....

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