How much funding has LoveLocal raised?

LoveLocal has raised $26.0M in total funding, most recently a Venture Round.

Who are LoveLocal's investors?

LoveLocal's investors include Vulcan Capital, Henkel Ventures.

Where is LoveLocal headquartered?

LoveLocal is headquartered in Mumbai, India.

What industry is LoveLocal in?

LoveLocal operates in E-Commerce, Grocery, Retail.

How many employees does LoveLocal have?

LoveLocal has 51-200 employees.

LoveLocal

Mumbai, India · Founded 2020 · $26.0M raised

E-Commerce

Grocery

Retail

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.