homevideos Newsstartup NewsElasticRun raises $330 million, enters unicorn club; management says no IPO plans as yet

ElasticRun raises $330 million, enters unicorn club; management says no IPO plans as yet

ElasticRun, a B2B e-commerce platform catering to kirana shops in rural India has made it to the list of unicorns with its latest fund raise of USD 330 million. The round of funding was led by Softbank, Goldman Sachs Asset Management and others.

By Nisha Poddar  Feb 17, 2022 7:09:16 PM IST (Published)

ElasticRun, a B2B e-commerce platform catering to kirana shops in rural India has made it to the list of unicorns with its latest fund raise of USD 330 million.
The round of funding was led by Softbank, Goldman Sachs Asset Management and others.
Sandeep Deshmukh, Co-Founder & CEO of ElasticRun in an interview to CNBC-TV18 said the company has grown more than 10x from June 2020 to February 2022.