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 |
Prakriti Jaiswal |
Shweta Gupta |
Dhruv Malhotra |
JSA diligence team comprised
Nikhil Ratti Kapoor |
Vidur Prabhakar |
Diksha Kaul |
