Startups helping India’s more than 125,000 neighbors secure working capital and inventory of top brands and work with e-commerce companies to increase revenue are new on Thursday to expand their global reach. The second largest internet market that said it raised a funding round. Pune base ElasticRun raised $ 75 million in a Series D funding round jointly led by existing investors Avataar Ventures and Prosus Ventures. Existing investor Kalaari Capital also participated in the round, bringing the four-year-old startup to date at $ 130.5 million.

• NASA Reports Fuel Leak in Moon Rocket Test Countdown
• SC Slams WhatsApp Over Data Sharing for Ads
• India Unlikely to Halt Russian Oil Imports: Ex-Foreign Secretary
• Godrej Properties Rallies 9.75% on Rs 1,000 Cr Sales
• KEC International Bags Rs 1,020 Crore Orders; Shares Rally 5%

Dotted in large and small cities, towns, and villages in India, millions of neighborhood stores that have proven difficult to beat e-commerce giants and super chain retailers are at the heart of India’s new play. There is. Numerous e-commerce companies, offline retail chains, and fintech start-ups are competing to collaborate with these moms and pop-up stores to take advantage of large untapped opportunities.