Quick commerce platform BazaarNow has raised nearly $7.54 million in its latest funding round led by Peak XV Partners. In a separate development, Tally Solutions Pvt Ltd has announced a strategic investment in HR technology platform OTU India.
BazaarNow raises $7.54m led by Peak XV
Quick commerce platform BazaarNow has raised nearly $7.54 million (Rs 72 crore) in its latest funding round led by Peak XV Partners.
The funding also saw participation from Whiteboard Capital and Antler, along with angel investors including Vidit Aatrey, Founder and CEO of Meesho; Karthik Gurumurthy, former Head of Swiggy Instamart; Prashant Sachan, Founder and CEO of AppsForBharat and Sri Mandir; Arjun Purkayastha, SVP and MD, Reckitt Greater China and North Asia; Nitin Saluja, Founder of Chaayos; Siddharth Gadia, Co-founder and CEO of Zeno Health; Ayyappan R, Founder and CEO of FirstClub and former CEO of Cleartrip; and Aravind Charanyan V, Co-founder of FirstClub and former VP of Flipkart.
The company has raised Rs 80 crore to date, including its pre-seed round.
Over the next 6 to 12 months, the company plans to expand into surrounding towns and nearby density clusters, deepen its assortment across grocery and daily essentials, strengthen its supply chain, and continue improving its local-language and habit-led product experience.
Tally Solutions invests in OTU India
Tally Solutions Pvt Ltd has announced a strategic investment in OTU India, an HR technology platform owned by Kaamlo Platform Pvt Ltd, as it looks to expand its connected business ecosystem and deepen its presence in adjacent solution areas.
The investment aligns with Tally’s broader strategy to enhance operational value for micro, small and medium enterprises (MSMEs) by integrating complementary digital capabilities beyond its core business management offerings, it said in a statement.
OTU India operates a SaaS-based platform, OTUHRPLUS, which digitises the entire employee lifecycle—from recruitment and onboarding to workforce operations and post-joining management workflows. The platform is focused on addressing workforce and HR management challenges faced by India’s MSME segment.
