1K Kirana raises $25 million for its hyperlocal shopping and distribution platform

1K Kirana, an Indian startup that operates an eponymous hyperlocal shopping app and retail distribution network, has raised $25 million in a new financing round as it attempts to expand the reach of brands and neighborhood stores among consumers.
The three-year-old startup’s Series B financing was led by Alpha Wave Global, Info Edge Ventures and Kae Capital. A number of angel investors including Amrit Acharya, founder and chief executive of Zetwerk, also participated in what the startup said is the first tranche of a larger financing round.
Neighborhood stores dot tens of thousands of cities,

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