Peak XV leads Rs 72 Cr round in tier-II/III quick commerce platform BazaarNow
Bengaluru-based BazaarNow has raised Rs 72 crore led by Peak XV, with Whiteboard Capital and Antler participating, taking total funding to Rs 80 crore. The vernacular-first grocery platform targets tier-II/III towns and plans town expansion plus supply chain depth over 6-12 months, citing 1,800 orders/day/store traction.
What happened
BazaarNow, a tier-II/III focused quick commerce platform for groceries and regional assortments, raised Rs 72 crore led by Peak XV with Whiteboard and Antler.
Key facts
- Rs 72 crore
- $7.8 million
- Rs 80 crore total
- 1,800 orders/day/store
Why this matters
A well-capitalized vernacular quick commerce player with Rs 80 Cr total funding and proven small-town traction becomes either a partnership channel for FMCG distribution or a defensive acquisition target as metro Q-commerce giants eye tier-II/III expansion.