We are pleased to share that Argus Partners has advised BazaarNow, a quick-commerce startup, and its founders on its INR 72 crore funding round led by Peak XV Partners.
The funding round also saw participation from Whiteboard Capital and Antler, along with angel investors including Meesho founder and chief executive Vidit Aatrey, TENxYOU chief executive Karthik Gurumurthy, AppsForBharat founder Prashant Sachan, Chaayos founder Nitin Saluja, Zeno Health chief executive Siddharth Gadia, and FirstClub founders Ayyappan R and Aravind Charanyan V.
BazaarNow is building a quick-commerce platform tailored for Tier II and Tier III India, with a focus on local assortments, regional preferences and everyday grocery needs. The fresh capital will support BazaarNow's expansion plans, strengthen its technology and supply chain capabilities, and accelerate its growth across key markets.
Argus Partners also advised existing investors Whiteboard Capital and Antler in connection with their participation in the funding round.
The team at Argus Partners advising BazaarNow and its founders consisted of Jitendra Soni [Partner], Sadia Akhter [Senior Associate], Samia Haider and Abhirami Retheev [Associates].
The team at Argus Partners advising Whiteboard Capital and Antler consisted of Ankit Guha [Partner], Keshav Seth [Senior Associate] and Amruth Rao [Associate].