Furtilo raises seed funding for small-town delivery
By Abha Lohia ·
- Furtilo, earlier called BelivMart, is a Bengaluru app that delivers food and shop goods in smaller Indian towns without charging merchants commission
- US-based Trikona LLC backed it with a seed round whose size was not shared
- It serves over 37 towns and plans to reach 500 by mid-2028, adding parcel delivery and bike taxis
What happened
- Furtilo raised seed funding from Trikona LLC.
- The amount was not disclosed.
- Funds will support expansion to 500+ towns by mid-2028.
- Parcel delivery and bike taxi services will be added.
Why it matters
- Small-town merchants lack simple technology to reach customers.
- Merchants pay a flat monthly fee, not a cut of each order.
- It says merchants save up to 30% versus commission-based apps.
The business
- Customers in Tier-3 and Tier-4 towns order from local restaurants and shops on one app.
- Riders deliver to the door.
- It relaunched under the new name in January 2026.
- It runs in 37+ towns across Madhya Pradesh, Rajasthan and Gujarat.
- It handles over 6,000 orders a month.
The founders
AA
Ankit Agrawal
Co-founder and CEOWho put in money
- Trikona LLC Investor — US-based early-stage investment firm
In numbers
6,000+Orders per month · 2026
What happens next
- Reach 500+ towns by mid-2028.
Other articles talking about it
Terms in this story
- Funding stage: Startups raise money in steps called funding stages: pre-seed, seed, Series A, B, C and later, ending in a stock-market listing or a sale. Each step is larger than the last and asks for more proof.
- Seed round: Pre-seed and seed are the first money a startup raises from outside investors. The difference is mostly how much has been built when the cheque arrives: pre-seed backs an idea, seed backs an early product.
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