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Wheelocity raises $15M from Lightspeed as it refocuses on fresh produce in Tier III+ towns

  • Semi-urban commerce platform Wheelocity has raised $15 million in a funding round led by Lightspeed Ventures.
  • The new funding will support the company's expansion into 20,000 towns and villages over the next year.
  • Wheelocity focuses on B2C operations in Tier III towns, offering fresh produce, groceries, and daily essentials to customers.
  • The company plans to expand its presence beyond central Tamil Nadu and into Karnataka, Andhra Pradesh, Telangana, and Kerala.

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