Startup Profile
ApnaKlub
Legal entity: ApnaKlub Technologies Private Limited
A reseller-led B2B wholesale platform for India's kirana stores
Funding raised
₹166.00 Cr
Total disclosed
Latest valuation
—
Most recent round
Latest revenue
₹47.00 Cr
FY FY22
Employees
—
FY FY22
Founders
- Shruti
Co-founder and CEO of ApnaKlub. Former impact investor at Omidyar Network; conceived ApnaKlub during the COVID-19 lockdowns after seeing FMCG supply chains break down.
- Manish Kumar
Co-founder and COO of ApnaKlub. Brought around two decades of FMCG distribution experience to the company.
Funding rounds
- Series A (follow-on / close)2023-01-12₹49.80 CrLed by TrueScale Capital
- Series A2022-05-09₹83.00 CrLed by Tiger Global
- Seed2021-08-02₹29.05 CrLed by Surge (Sequoia Capital India)
Financials
MCA / self-reported| Fiscal year | Revenue | Profit / (Loss) | Employees |
|---|---|---|---|
| FY22 | ₹47.00 Cr | (₹12.00 Cr) | — |
| FY23 | ₹278.32 Cr | (₹55.63 Cr) | — |
| FY24 | ₹536.78 Cr | (₹47.93 Cr) | — |
The full story
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Timeline
- FY24Revenue crosses Rs 537 crore — Gross revenue nearly doubles to about Rs 537 crore while net loss narrows to about Rs 48 crore.
- 2023-01Closes Series A at $16M — Adds a follow-on tranche led by TrueScale Capital with ICMG Partners and Flourish Ventures, taking total funding to about $20M.
- 2022-05Series A led by Tiger Global ($10M) — Raises about $10M led by Tiger Global at a post-money valuation of roughly Rs 266 crore.
- 2021-08Raises $3.5M seed round — Seed funding from Surge (Sequoia Capital India), Blume Ventures and Whiteboard Capital.
- 2020ApnaKlub founded in Bengaluru — Shruti and Manish Kumar launch a reseller-led B2B FMCG wholesale platform for kirana stores during the COVID-19 period.