Social e-commerce platform CityMall raises $11 mn in new funding round

CityMall, a social e-commerce and online grocery platform, has raised $11 million in a Series A funding round led by Accel Partners. Elevation Capital participated in the investment after leading the $3 million seed round in June 2020.

CityMall will use the funds to strengthen its supply chain, logistics and expand to 20 new cities. 

“India’s next 300 million internet users from smaller cities, towns, and villages depend on assisted commerce formats driven by pricing, trust and feasibility to encourage online purchase for everyday products. The accelerated pace of our growth in past 10 months is a testimony of our ability to