Indian grocery startup Citymall raises $47M to challenge ultra-fast delivery giants
Indian e-commerce startup Citymall, which focuses on budget-focused grocery delivery for tier 2 and tier 3 towns, said today that it has raised $47 million in Series D funding led by Accel, with participation from existing investors including Waterbridge Ventures, Citius, General Catalyst, Elevation Capital, Norwest Venture Partners, and Jungle Ventures. The Series D round comes three years after the company’s $75 million Series C round led by Norwest Venture Partners. The valuation of the comp