Citymall raises $47 million in a Series D round led by Accel, with participation from existing investors, to grow its budget-focused online grocery business in India’s tier 2 and tier 3 towns. The startup targets planned, value-conscious purchases, charges no delivery or handling fees, and typically delivers in a day rather than minutes; it operates in 60 cities and states. Its valuation remains $320 million, and the company says it is operationally profitable, though Entrackr reports negative EBITDA margins above 30% for the last financial year.
Posha makes countertop robots that use computer vision to cook meals from selected recipes and supplied ingredients. The $1,750 device allows ingredient substitutions and imprecise measurements, while customers still shop and prep food; founder Raghav Gupta says it cuts their kitchen time by at least 70%. Posha raises an $8 million Series A led by Accel to develop the product, expand recipes, and explore turning users’ recipe ideas into instructions with generative AI.
May 2025 · TechCrunchNews article
India’s Chalo raises $45 million in fresh funding to digitize bus commutes
Chalo raises $45 million in a Series D round led by Avataar Ventures and secures an additional $12 million in debt. The funding brings its cumulative fundraise to $119 million, with existing investors Lightrock India and WaterBridge Ventures also participating. The startup operates in more than 50 cities, tracks over 15,000 buses, and plans to expand internationally and increase electric vehicles in its fleet.
