Venture Capital
Chennai-based rural e-commerce startup Inthree Access Services Pvt. Ltd has raised $4 million (Rs 28 crore) in a Series A funding round led by early-stage venture capital firm Ventureast. Orios Venture Partners and the Indian Angel Network's IAN Fund also took part in this round, Inthree Access said in a statement. The company said it aims to use the funds to strengthen its technology backbone, enhance last-mile logistics and cement its presence in the 10 states where it operates. Inthree was founded in 2013 by Ramachandran Ramanathan, Karthik Natarajan and Narayanan, who goes by a single name.

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