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FMCG sales and distribution startup AnKa SumMor has raised Rs 3 crore in a pre-Series A round led by early stage investing platform, Inflection Point Ventures (IPV). It is the 12th announcement by IPV since Jan 2021.
AnKa SumMor works with FMCG brands to help them scale up their businesses rapidly. Funds raised will be used for scaling business in Hyderabad and Chennai with improved infra, coverage and branding.
The FMCG startup will use the funds for expanding operations in Bangalore, along with tech development and deployment. AnKa SumMor was launched in 2018 with an aim to disrupt FMCG S&D for emerging
