MyMandi catering to cart-pushers raises Rs 10 crore from Real Time Angel Fund
Summary
The startup claims to have over 3,000 cart-pullers / small retailers associated with them and is aiming to onboard 5,000 by the end of this financial year. Their extensive experience in the agriculture technology sector will be invaluable to our team as we continue to push boundaries and make a meaningful impact on the Indian supply chain and distribution network in tier 2-4 cities," said Mahanaaryaman Scindia, Co-Founder of MyMandi.What does MyMandi do?Founded in 2022 by Mahanaryaman Scindia and Suryansh Rana, MyMandi is a B2B supply chain network for retailers in tier 2/4 cities providing a one-stop shop and other integrated business solutions.By focusing on fresh produce and staples, The startup aims to bridge the gap between local suppliers and retailers through warehousing, logistics and financial services. "MyMandis vision to empower Cart Pushers/Thella Wallas and smaller retailers through technology and market access is truly inspiring. As a socially responsible investor, Real-Time Angel Fund is excited to support them in their journey to bring about positive change. The fund is sector agnostic, focusing on sectors such as health tech, fintech, green energy, artificial intelligence, and consumer technology.It provides startups with capital, mentorship, and operational support to accelerate their growth and create significant value through various global partnerships.
Funding
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