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JSA Acts In ShopKirana's Series C Fund Raise

ShopKirana is a B2B grocery start-up which works directly with brands and gives them a boost on distribution with market intelligence. It currently works with 50,000 kirana stores in eight cities across four states —Madhya Pradesh, Uttar Pradesh, Rajasthan and Gujarat.

JSA advised and assisted Oman India Joint Investment Fund (“OIJIF”) in its primary investment in Shop Kirana E Trading Private Limited (“ShopKirana”).

ShopKirana is a B2B grocery start-up which works directly with brands and gives them a boost on distribution with market intelligence. It currently works with 50,000 kirana stores in eight cities across four states —Madhya Pradesh, Uttar Pradesh, Rajasthan and Gujarat.

OIJIF was a lead investor in the Series C fund raise by ShopKirana, which also saw participation from Info Edge and Sixth Sense Ventures. As part of the transaction, OIJIF will also purchase securities from existing investors.

JSA transaction team comprised

Sidharrth Shankar
Lead Partner

Prakriti Jaiswal
Partner

Shweta Gupta
Principal Associate

Dhruv Malhotra
Senior Associate

 

JSA diligence team comprised

Nikhil Ratti Kapoor
Of-Counsel

Vidur Prabhakar
Associate

Diksha Kaul
Junior Associate


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