CityMall, a social commerce startup focused on Tier II and beyond locations in India, has raised $22.5 million in Series B round of funding led by General Catalyst and Jungle Ventures, with participation from existing investors Accel, Elevation Capital, and WaterBridge Ventures.
The latest funding round takes the total capital raised by the startup to $36.5 million.
The fund will be used for growth initiatives, for market expansion, as well as for hiring new talent.
