Anar Raises $6.2 Million in Seed Funding Round

B2B business networking platform Anar has raised $6.2 million in a seed funding round co-led by Elevation Capital and Accel India. This round also saw participation from First Cheque and Utsav Somani (iSeed and Partner, AngelList India), along with some of the product-centric founders, including Ranjeet Pratap Singh (Co-founder & CEO, Pratilipi), Farid Ahsan (Co-founder, ShareChat), Vidit Aatrey and Sanjeev Barnwal (Co-founders, Meesho), and Shashvat Nakrani (Co-founder, BharatPe).

The company will use the funds raised to strengthen the product and its technical capabilities.

Launched in February 2020 by IIM Lucknow alumni Nishank Jain and Sanjay Bhat, the Anar business app caters primarily to small-and-medium businesses (SMBs) across the value chain, from manufacturers to retailers and resellers, helping them connect and interact with one another.

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