ElasticRun wins $ 75 million as it looks like it will digitize Indian moms and pop-up stores

With COVID 19 and changing market scenarios, the Indian startup market is witnessing an unprecedented boom, leading to huge funding and a strong balance sheet. In March alone, Indian start-ups raised at least $ 2.8 billion in 93 venture capital and private equity transactions, up 72% from March 2020. FMCG (fast-moving consumer goods) and an e-commerce company with moms and pop stores in rural India have raised $ 75 million in a Series D funding round to lead Avataar Ventures, Prosus Ventures, and Kalaari Capital. did.