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Wheelocity raises $12 million for its supply chain network for fresh commerce in India

Wheelocity, an early-stage supply chain startup that handles fresh food supplies for quick commerce platforms in India, has raised $12 million in a new financing round as it gears up to broaden its product offerings and expand workforce.
Lightspeed India Partners led the startup’s Series A funding, which is a mix of 80 percent equity and 20 percent venture debt, the startup said. Anicut Capital and a few other investors also participated in the round.
Founded in September 2021, Wheelocity provides quick commerce firms with a supply chain of fresh food. The startup says its supply chain n

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