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Info Edge (India) to invest Rs 47 crore in Shop Kirana E Trading

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Info Edge (India) has entered into an agreement to invest, through its wholly owned subsidiary, about Rs 47 crore in Shop Kirana E Trading.

Shopkirana is engaged in the bus iness of developing a.

B2B ecommerce platfonn for ordering, delivery, payments and related products/services among various stakeholders in grocery/FMCG supply chain. Shopkirana helps retailers with simple and efficient M-distribution platform by ensuring the most competitive prices, quick delivery and single sourcing channel for retailers while brands have visibility and direct connect to retailers for promotions or product launch.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, August 16 2019. 16:17 IST