India’s mobile-first hyperlocal grocery delivery service, PepperTap has raised 10 million dollars funded from SAIF Partners and Sequoia Capital.
The funding will be leveraged for building a highly-skilled team that is in sync with global standards and for expanding the reach of PepperTap to 10 more cities in the country by the end of the year.
Launched in November 2014, PepperTap offers a wide-range of groceries and daily-need products.
Currently PepperTap offers more than 15,000 SKUs across categories including staples, food and dairy products, household items, fresh fruits and vegetables etc.
Consumers can place their orders through a mobile app and deliveries are made in a span of two hours. The app is presently available on Google’s Android and Apple’s iOS platforms.
Navneet Singh, Co-founder, PepperTap said, “our sole focus is to build the best grocery and fresh product-buying experience for our customers”.
Singh further said “this investment will help us iron out any chinks in our armor, and build on our strengths to take our business from a single-city operation to a pan-India scale.” (ANI)