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SuperK Raises Rs 6 crore in Seed Funding Round

Bengaluru: SuperK, a tech-enabled rural retail aggregator, said it has raised Rs 6 crore ($799,000) in a seed funding round led by Strive VC.

The round also saw seed investment and acceleration platform First Cheque and former Snapdeal executive Anand Chandrasekaran, said SuperK in a statement.

Others who contributed include Ramakant Sharma & Syndicate, serial entrepreneur Srinivas Anumolu, Lalit Keshre (CEO at Groww), Rajan Bajaj (CEO at Slice) and Sampad Swain (CEO at Instamojo), it added.

The startup will use the funds to hire and boost technology and infrastructure.

SuperK, which is operated by LocalBuy Technologies Pvt Ltd, was founded in 2019 by Neeraj Menta and Anil Thontepu with an aim to empower small-format retail stores across India. The founders were batchmates at BITS Pilani.


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