Grocery Retail Aggregator 'Kirana King' Raises INR 7 CR in Pre-Series-A Round from RVCF

Jaipur | Monday | 9th November, 2020

Summary:

Jaipur based firm Kirana King, a Unit of Kirana King Retail Network Pvt Limited raised INR 7 CR from Rajasthan Venture Capital Fund (RVCF) in a Pre-Series A round. Kirana King started its Retail Aggregation Operations in 2017 and has a Grocery Retail Network of more than 200 stores in Jaipur, Rajasthan. Kirana King is aiming to achieve 4 times revenue growth during the ongoing financial year in comparison to the last year. For an early-stage investor like us, Kirana King looks very promising with its Retail as a Service (RaaS) USP. We are very excited to join Kirana King at this stage of their massive expansion.”.