People · Commerce & Consumer Brands

Fairdeal.Market appoints Karan Khanna as CBO

By Startup Enthusiast · 15 June 2026

What they do

Fairdeal.Market is a B2B quick commerce platform that supplies kirana stores

Karan Khanna joins as Chief Business Officer weeks after a $15 million funding round

He previously led merchant acquisition at BharatPe and held roles at MobiKwik and Zomato

Fairdeal.Market has appointed Karan Khanna as its Chief Business Officer (CBO).
Khanna brings over 20 years of leadership experience from companies like BharatPe, MobiKwik, and Zomato.
At BharatPe, he played a key role in building the merchant acquisition engine that reached millions of merchants.
He also led high-growth businesses in Payments, UPI, POS, Payment Gateway, and Lending at BharatPe.
Khanna will work closely with co-founders Prateek Bansal and Yash Bansal.
His appointment comes weeks after Fairdeal.Market raised $15 million in a funding round led by Bertelsmann India Investments (BII).
Khanna will drive the next growth phase, strengthen brand partnerships, and expand beyond Delhi-NCR.

The appointment signals Fairdeal.Market's push to scale its B2B quick commerce model for kirana stores.
Khanna's experience in merchant acquisition at BharatPe aligns with the company's need to expand its retailer network.
The recent $15 million funding provides capital for the expansion plans Khanna will lead.

Fairdeal.Market is a B2B quick commerce platform that provides replenishment infrastructure for India's kirana economy.
It currently operates across Delhi-NCR.
The company is actively expanding its retailer network, dark store footprint, and brand partnerships.

Karan Khanna will drive the next growth phase of Fairdeal.Market.
He will strengthen brand partnerships and expand the company's presence beyond Delhi-NCR.
The company aims to build commercial infrastructure for retailers across India.

Bertelsmann India Investments (BII) (lead) — Investment arm of Bertelsmann, a global media and services group.

Product: A B2B quick commerce platform supplying kirana stores and small retailers.
Customers: Small retailers and kirana stores in Delhi NCR and other metro markets.
How it makes money: It makes money by supplying inventory through a fast replenishment and fulfilment network.
What sets it apart: Real-time inventory visibility, transparent pricing, and 60-minute delivery from dark stores.
Operations: It operates dark stores and a last-mile delivery network across dense urban clusters.