The round also saw participation from existing investors IndiaQuotient and Alteria capital and angel investors including Ramesh Bafna of Zepto, Siddharth from Snitch, and Bestseller CEO Vinit Gautam, Amitabh Suri CEO Arvind fashion The Bengaluru-based startup plans to deploy fresh proceeds to boost its 60-minute delivery infrastructure and expand its dark store network across 20 cities Founded in 2020 by Gaurav Piyush, Mayank Varshney and Yash Sharma, Blitz provides logistics support to quick commerce across 10 cities Same-day delivery platform for omnichannel sellers Blitz has secured INR 40 Cr (around $4.7 Mn) in Series A funding round led by IvyCap Ventures. The round also saw participation from existing investors IndiaQuotient and Alteria capital and angel investors including Ramesh Bafna of Zepto, Siddharth from Snitch, and Bestseller CEO Vinit Gautam, Amitabh Suri CEO Arvind fashion.
The Bengaluru-based startup plans to deploy fresh proceeds to boost its 60-minute delivery infrastructure and expand its dark store network across 20 cities. Founded in 2020 by Gaurav Piyush, Mayank Varshney and Yash Sharma, Blitz provides logistics support to quick commerce across 10 cities. “With support from our amazing investors, Blitz is at the forefront of transforming q-commerce into an indispensable part of everyday life across geographies,” said Sharma.
(The story will be updated soon).