[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.