Venture Capital
The company claimed that this is the largest round ever raised by a solo woman tech founder in India. : Hyperlocal ecommerce start-up LoveLocal has raised $18 million in a pre-Series B investment round. The round was led by Vulcan Capital, and also includes participation from Klarna founder CEO Sebastian Siemiatkowski’s Flat Capital, Alumni Ventures Group and Commerce Ventures, among others. Launched in January 2020, LoveLocal claims to be present in more than 35 cities across India. The platform has attracted more than 100,000 retailers and fulfilled more than 1 million orders in the last 18 months.

In this article