LoveLocal
Mumbai, India · Founded 2020 · $26.0M raised
- Headquarters
- Mumbai
- Employees
- 51–200
- Founded
- 2020
- Business Model
- B2C
- Website
- lovelocal.in
- Total Funding
- $26.0M
- Last Round
- $18.0M Venture RoundOct 2021
- Rounds
- 4
About
LoveLocal (formerly m.Paani) is a Mumbai-based hyperlocal e-commerce platform founded in 2020 by Akanksha Hazari that digitizes neighborhood kirana stores across India, enabling them to offer online ordering and delivery without charging commissions. The platform provides consumers with video-based shopping, guaranteed freshness for groceries, fruits, vegetables, and meat, with prices up to 30% lower than quick commerce alternatives and free delivery. LoveLocal operates a zero-commission model for retailers, empowering local shop owners to compete with large e-commerce and quick-commerce players while retaining their full margins. The company is a Google Studio Company (one of only 10 globally) and has raised funding from investors including AC Ventures, Henkel X, IDG Ventures India, and Blume Ventures.
Summary
LoveLocal is an E-Commerce company based in Mumbai, India, founded in 2020. It has raised $26.0M in total across 4 rounds, most recently a $18.0M Venture Round round in Oct 2021. Investors include Vulcan Capital and Henkel Ventures.
Tech & App Stack
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Funding History
Oct 2021
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Seed through Venture Round — per-round amounts, valuations, and who invested in each round.
Investors
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