India-based grocery retail chain nets $6m to tap into small-town markets

India-based grocery retail chain nets $6m to tap into small-town markets

Tech in Asia·2024-03-27 20:00

SuperK cofounders Anil Thontepu (left) and Neeraj Menta/ Photo credit: SuperK

India’s grocery retail sector is estimated to be worth around US$600 billion, and multiple startups – as well as tech majors like WhatsApp and Tata-owned BigBasket – have all vied to conquer this space. More recently, quick commerce has increased in popularity, with beauty products gaining steam among consumers.

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