India: E-commerce enabler KartRocket raises $6m from Bertelsmann, existing investors

E-commerce enabler KartRocket, which recently launched mobile-first O2O marketplace Kraftly, has raised $6 million in a round of funding led by Bertelsmann India Investments (BII), the investment arm of Bertelsmann in India, according to a statement.

The firm’s existing investors including Nirvana Digital India Fund, Nirvana Digital Investment Holding Co Ltd, US-based seed fund and startup accelerator 500 Startups and Singapore-based Beenext also participated in the funding round.

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