PepperTap savours $36m series B

Sep 30, 2015 • Thierry Heles

The grocery delivery service has added Snapdeal, Ru-Net and corporate-backed Beenext to its shareholders in the first close of a round that could rise to $56m.

India-based hyperlocal grocery delivery service PepperTap has raised $36m in a series B round co-led by e-commerce company Snapdeal, Sequoia India and SAIF Partners, Hindu Business Line reported yesterday.

Beenext, a $60m fund backed by e-commerce firm Beenos, also took part in the round, as did investment firms Ru-Net and Jafco. PepperTap is in advanced discussions with additional backers and expects to close a $20m extension within weeks.

Founded in 2013, PepperTap enables consumers to order food from a local…

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