ApnaKlub
Financials
Estimates*
USD | 2021 | 2023 |
---|---|---|
Revenues | 1.2m | 27.3m |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Early VC | ||
$3.5m | Seed | ||
* | $10.0m Valuation: $34.0m | Series A | |
* | $6.0m Valuation: $50.0m | Series A | |
Total Funding | $19.5m |
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Recent News about ApnaKlub
EditApnaKlub is a business-to-business (B2B) startup that operates in the Fast-Moving Consumer Goods (FMCG) wholesale market. The company offers a wide range of over 1000+ products from top brands, catering to retailers in low population density areas in India, such as Uttar Pradesh, Bihar, Jharkhand, Uttarakhand, and Haryana. The startup's business model is centered around providing high-margin products to its clients, allowing them to earn more profit. It also offers free delivery and cash on delivery options, enhancing its value proposition.
ApnaKlub has recently raised $16 million in Series A funding, indicating strong investor confidence in its business model and growth potential. The funding round was led by Tiger Global, a renowned investment firm. Prior to this, the startup had raised $4 million from various investors including Sequoia India's Surge, Blume Ventures, Whiteboard Capital, and Flourish Ventures.
The company's customer support team is available seven days a week, ensuring that clients' queries and concerns are promptly addressed. ApnaKlub is also in the process of expanding its services to other states, indicating a growth-oriented approach.
Keywords: B2B, FMCG, Wholesale, Startup, High-Margin Products, Free Delivery, Cash on Delivery, Customer Support, Series A Funding, Expansion.