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Funding · Commerce & Consumer Brands

BazaarNow raises $7.8M Series A led by Peak XV

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Date
Company
BazaarNow
What it does
Quick commerce grocery delivery
Kind
Funding
Amount
Rs 72.3 crore (~$7.8M)
Stage
Series A
Based in
Bengaluru
Founded
2026-01
Sector
Commerce & Consumer Brands

What they do

BazaarNow delivers groceries and daily essentials within 10 minutes from dark stores

What happened

It raised a Rs 72.3 crore Series A round led by Peak XV Partners at a Rs 270 crore valuation

Why it matters

The company was founded by three former Zepto executives and launched in January 2026

The details

  • BazaarNow is raising a Series A round of Rs 72.3 crore (about $7.8 million).
  • The round is led by Peak XV Partners, which is investing Rs 53.92 crore.
  • Existing investors Whiteboard Capital and Antler are contributing Rs 7.2 crore and Rs 7 crore respectively.
  • Nirman Ventures is also participating in the round.
  • Angel investor Vidit Aatrey, founder and CEO of Meesho, is investing as well.
  • The company's post-money valuation is Rs 270 crore, up from a seed valuation of Rs 40 crore.
  • Proceeds will be used for working capital and general corporate purposes.

The bigger picture

  • The quick commerce market in India is growing rapidly, with many players competing for market share.
  • BazaarNow's founders previously worked at Zepto, a major quick commerce competitor.
  • The company launched only in January 2026, making this a fast follow-on round.

About the business

  • BazaarNow offers sub-10-minute delivery of groceries and daily essentials.
  • It focuses on higher-margin categories through dark stores (small warehouses for quick delivery).
  • Operations are currently limited to select areas of Bengaluru.
  • The company was launched in January 2026.

What happens next

  • Use proceeds for working capital and general corporate purposes.

The deal

Type
Series A

Investors

  • Peak XV Partners (lead) — A venture capital firm investing Rs 53.92 crore in this round.
  • Whiteboard Capital (existing) — An existing investor contributing Rs 7.2 crore.
  • Antler (existing) — An existing investor contributing Rs 7 crore.
  • Nirman Ventures (participated) — A participant in this round.
  • Vidit Aatrey (angel) — Founder and CEO of Meesho, investing as an angel.

Founders

  • Priyanshu Jain, Founder
  • Arjun Harish, Founder
  • Tarithnay Mandal, Founder

About BazaarNow

Product
Mobile app and logistics network for rapid grocery and daily essentials delivery
Customers
Middle-class households in Tier 2 and Tier 3 Indian cities seeking convenient grocery shopping
How it makes money
Commission-based marketplace model with in-house logistics stack
What sets it apart
Vernacular-first app with AI-powered local-language search and assisted shopping

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