PepperTap garners $40 million in Series B funding
Advertisement
Advertisement
PepperTap has raised $40 million (Rs. 265 Crores) in it’s series B funding round. $4 million of this is from InnoVen Capital, and the $36 million from other investors including Snapdeal, Sequoia India, SAIF Partners, Ru-Net, Beenext and JAFCO Asia. With the Series B drawing to a close, the Gurgaon-based hyper-local delivery app has raised about $51.2 million so far.
The company also announced today that it has acquired Bengaluru-based Jiffstore for an undisclosed amount. Jiffstore's team will join PepperTap's Gurgaon and Bengaluru branches.
The company has also finalized some marketing tie-ups to offer gifts to it’s users.
Image credit: Indiatimes
Advertisement
Advertisement
- Having an regional accent can be bad for your interviews, especially an Indian one: study
- Dirty laundry? Major clothing companies like Zara and H&M under scrutiny for allegedly fuelling deforestation in Brazil
- 5 Best places to visit near Darjeeling
- Climate change could become main driver of biodiversity decline by mid-century: Study
- RBI initiates transition plan: Small finance banks to ascend to universal banking status
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market