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India’s Citymall Raises $47M to Tackle Quick-Commerce Giants with Value Delivery

India’s Citymall Raises $47M to Tackle Quick-Commerce Giants with Value Delivery
Indian grocery startup Citymall has secured $47 million in a Series D round led by Accel, maintaining a consistent valuation of $320 million. Unlike ultrafast delivery services, Citymall targets value-conscious shoppers in tier 2 and 3 towns, delivering affordable groceries within a day. Its strategy includes private labels, no delivery fees, and local community-driven delivery, offering twice the product range of offline value stores and operating across 60 cities.
Read full story at TechCrunch

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