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SuperK

SuperK is a tech-enabled grocery retail chain for small towns.

Retail, Clothing & Apparel

Basic Information

Bengaluru and Kadapa (AP) based SuperK is a tech-enabled grocery retail aggregator enabling local entrepreneurs to set up and operate mini supermarkets and provide a modern retail experience to customers of Tier III, IV, V towns of India. Neeraj Menta and Anil Thontepu founded SuperK in December 2019. SuperK’s system seamlessly connects warehouses, stores, and vendors via mobile apps. They are also in the process of launching a mobile app for customers to place orders, provide financial services for customers through stores and in-store tech for engagement and marketing, the company stated. In April 2021, the startup announced that it had raised Rs 6 crore in seed funding led by Strive VC.

Legal Name

:

LocalBuy Technologies Pvt Ltd

Headquarters

:

Kadapa, Andhra Pradesh, India

Founding Date

:

2019

No. of Employees

:

<10

Core Team

:

1.

Neeraj Menta

Co-founder

2.

Anil Thontepu

Co-founder

Funding

Total Funding

$60.0M

Investors

:

1.

First Cheque

2.

STRIVE

Detail Round Breakdown

Round 1

$5.5M

Series Name

:

SEED

Date

:

30th Mar 2022

Investors

:

1.

021 Capital

2.

Saikiran Krishnamurthy

3.

Ankit Nagori

4.

Ashish Kacholia

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