ApnaKlub raises $10 mn in series A funding round from Tiger Global

ApnaKlub allows anyone with a smartphone and an entrepreneurial drive to earn supplemental income by aggregating demand and supplying FMCG goods to retail (kirana) stores in their local community

ApnaKlub, an FMCG wholesale platform for low population density markets, has raised $10 million in its Series A funding from Tiger Global. This follows the $4 million round they raised from Sequoia India’s Surge, Blume Ventures, Whiteboard Capital and Flourish Ventures in August 2021.

ApnaKlub focuses on social sellers and kirana-store owners from tier-2 and tier-3 cities. With ApnaKlub users can digitise their wholesale business as a rural wholesaler or expand their business as a shopkeeper. The funding will be used to deepen infrastructure in key states, expand the platform from 5000 to 20,000 partners and build out the credit