India: LoveLocal raises $18m in pre-Series B round led by Vulcan Capital

Photo: Pixabay

 LoveLocal, a hyperlocal e-commerce platform empowering local retailers, has raised $18 million ( 143 crore) in a Pre-Series B investment round led by Vulcan Capital. It also saw participation from Klarna Founder & CEO Sebastian Siemiatkowski’s Flat Capital, Alumni Ventures Group and Commerce Ventures.

Angel investors Nami Zarringhalam, co-founder of Truecaller, Sriram Krishnan, general partner at Andreessen Horowitz, Anna Lambert, director of product acceleration at Shopify, Sarah Jones Simmer, CEO of Found & ex-COO of Bumble, Arpan Sheth, senior partner at Bain & Company, and others also participated.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter