Essmart raises US$1.2M in financing for scaling innovative kirana shop network

Essmart, a 2016 D-Lab Scale-Ups Fellow venture company that distributes socially impactful goods to last-mile customers in India, closed US$1.2M in financing.

Full Press Release here.

 

The round was a mix of equity, debt, and grant funding from elea Foundation for Ethics in Globalization, Partners Group Impact (Verein), DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbh, and Swiss Re Foundation.