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Hyperlocal e-commerce platform LoveLocal raises $18 Mn in pre Series B

Shortpedia

Content Team
Image Credit: business standard

Indian hyper-local ecommerce platform LoveLocal has raised $18 Mn in a Pre-Series B funding round led by Vulcan Capital. Klarna Founder & CEO Sebastian Siemiatkowski’s Flat Capital, Alumni Ventures Group and Commerce Ventures participated in this round of funding. Founded in January 2020, LoveLocal empowers local retailers by digitising their business. The startup serves over 35 cities and over 1,300 pin codes across the country.