Envisioner | August 2019 Envisioner August 2019 | Page 6
Quikr: Bengaluru-based online clas-
sifieds marketplace Quikr raised INR
20 Cr ($2.9 Mn) in debt funding. The
company had received INR 13.9 Cr
in a capital infusion from its Mauri-
tius-based entity in May.
Snapdeal: Gurugram-based ecom-
merce platform Snapdeal raised an
undisclosed amount of funding from
Anand Piramal. He has invested in
the company in a personal capacity,
a company statement said.
UrbanClap: Gurugram-based hyper-
local services provider UrbanClap
raised INR 149 Lakh ($216K) in fresh
funding from ex-Flipkart CTO Me-
kin Maheshwari and Avaana Capital
founder Anjali Bansal.
Ninjacart: Bengaluru-based agritech
platform Ninjacart raised $50 Mn
from retail giant Walmart. Walmart is
looking to go deeper into the market
with the Ninjacart investment, which
also includes rights to invest further
in future rounds.
BigBasket:
Bengaluru-based
hy-
perlocal grocery startup, BigBasket
raised INR 100 Cr ($14.34 Mn) venture
debt funding from Trifecta Capital.
BigBasket said the funding would be
used to meet the working capital and
capex requirements of the company.
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