Funding
Blitz raises ₹51 crore Series A
By Startup Enthusiast ·
- Date
- Company
- Blitz
- What it does
- Quick commerce logistics enabler
- Kind
- Funding
- Amount
- ₹51 crore
- Stage
- Series A
- Founded
- 2020
What they do
IvyCap Ventures led the round, with existing backers India Quotient and Alteria Capital joining, plus angels from Zepto, Snitch and Bestseller
What happened
The new money will go toward faster 60-minute deliveries and more dark stores spread over the twenty biggest Indian cities
Why it matters
The company links brands and shoppers through hour-long delivery from local shops and same-day shipping out of city warehouses
The details
- Blitz raised ₹51 crore in a Series A round.
- IvyCap Ventures led, with India Quotient and Alteria Capital returning.
- Angels included Ramesh Bafna of Zepto and Vinit Gautam of Bestseller.
- Money will expand dark stores across the top 20 cities.