retail-fmcg

General Catalyst leads $6M Pre-Series A round in HIRA’s parent company, Meolaa, to build a digitally native FMCG powerhouse

General Catalyst leads $6M Pre-Series A round in HIRA’s parent company, Meolaa, to build a digitally native FMCG powerhouse

Meolaa, an end-to-end technology-powered FMCG company, today announced that it has secured $6 million in Pre-Series A funding to advance its digital-first growth strategy. The round was led by General Catalyst (GC), alongside participation from Claypond Capital (family investment office of Dr. Ranjan Pai), Colossa Ventures, entrepreneur Kunal Shah, Turbostart

By Shubham Kumar
74% of Retail Spends in Top Cities Are Digital, Signalling a Shift in How India  Pays – NeoGrowth Study

74% of Retail Spends in Top Cities Are Digital, Signalling a Shift in How India  Pays – NeoGrowth Study

* Hyderabad (82%), Bengaluru (79%), and Pune (79%) lead the top-city rankings, while  Visakhapatnam (76%), Nagpur (71%), and Chandigarh (68%) dominate beyond metros. • Ahmedabad (60%), Kolkata (55%), Jamshedpur (54%), Madurai (52%), and Rajkot (48%) show  comparatively lower levels of digital adoption, highlighting the diversity in payment  behaviours across cities  * Everyday categories

By StartupTalky News