<ul><li>Franchisee-driven quick commerce startup Apna Mart is planning to raise INR 214.3 Cr ($25 Mn) in a funding round led by Fundamentum Partnership.</li><li>The funding round will include equity infusion and debt, with Fundamentum Partnership leading with INR 84 Cr investment.</li><li>Apna Mart delivers groceries in under 15 minutes in Tier II and III cities, competing against Blinkit, Swiggy Instamart, and Zepto in the quick commerce market.</li><li>The latest fundraise comes amidst rising competition in India's quick commerce sector, which is projected to be a $40 Bn opportunity by 2030.</li></ul>

Apna Mart To Raise $25 Mn As 15-Minute Delivery Race Heats Up

Discover more