ElasticRun raised $40 million in Series C funding, led by Prosus Ventures
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In the small towns of India, there are millions of neighborhood stores. FinTech startups are now trying to work with these stores to explore the massive untapped potential. Pune-based startup ElasticRun works with the 'Kirana stores' and recently it has raised $40 million in a Series C funding round that was led by Prosus Ventures. Existing investors Avataar Ventures and Kalaari Capitals also took part in the round.