MaxWholesale raises funding from IAN and Abu Dhabi’s Al Falaj

MaxWholesale funding
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New Delhi-based B2B e-commerce platform for Kirana stores on Friday (19 June) raised INR 4.43 crore (around $0.58 million) from Abu Dhabi’s Al Falaj Commercial Investment and IAN (Indian Angel Network).

The company last raised $3 million from IAN and Falaj in February.

Raman Roy, co-founder of IAN and former chairman of NASSCOM has been appointed as a nominee director in MaxWholesale.

ABout MaxWholesale

Started by Samarth Agrawal and Rohit Narang, MaxWholesale enables Kirana stores to explore items online, compare prices and purchase them for reselling. The company claims that it powers over 10K kirana stores in Delhi. The company manages warehouses in Delhi-NCR with delivery services in Delhi, Gurugram, Noida and Ghaziabad.

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