CityMall, the social commerce startup that aims to upgrade has a goal of upgrading consumers residing in Tier-II and beyond locations onto online shopping, has raised $75 million in a Series C round of funding led by Norwest Venture Partners.
This is the largest funding round raised by CityMall and it has cumulatively raised $110 million till now. This Series C round of funding also saw participation from General Catalyst, Citius, Jungle Ventures, Arena Ventures, Elevation, Accel, and Waterbridge.
This funding is a validation of our business model where we pioneered community group buying in the country.
