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Wheelocity, a B2C fresh commerce delivery startup, has raised $15 million in funding from investors including Lightspeed, Alteria Capital, and Anicut Fund. Founded in 2022 by Selvam VMS and Senthil Kumar, Wheelocity previously operated as a B2B supplier of fresh fruits and vegetables to companies such as Swiggy Instamart, Dunzo, Blinkit, and Zepto. The new funding will be utilized to expand operations into 20,000 towns and villages across southern India within the next year, with a goal of reaching a user base of 10 million consumers. This pivot marks a significant shift in the company's strategy towards serving semi-urban and rural markets.
📢BiteSpeed, an AI-powered Customer OS for e-commerce brands, raises $3.5M Pre-Series A funding led by @peakxvpartners’s @_surgeahead, with participation from Whiteboard Capital, @gauravmunjal (CEO, Unacademy), Aakash Anand (CEO, Bella Vita) & others @CNBCTV18News | #Startups https://t.co/Yg8J5M4gZW
📢Zeplyn, an AI assistant designed to streamline wealth management workflows, has raised $3 million in a seed funding round led by @LeoDotCapital. The round also saw participation from several angels and VC fund - Converge. @CNBCTV18News | #Startups https://t.co/bqHmF95uGA
We're thrilled to partner with @Razorpay and @peakxvpartners in launching the Razorpay Venture Investment Program, aimed at accelerating India’s early-stage ecosystem. This initiative empowers the founders building from India with capital, tech support, and access to Razorpay’s… https://t.co/EjCAsuHiAL
