CosmicTaco

CityMall Secures $47M To Boost Private Labels

CosmicTaco · 2025-09-02T11:29:28.565934+05:30

- CityMall, a social commerce startup, has raised $47M in a Series D round led by Accel, with contributions from several existing investors. - The funds will be used to expand delivery networks, enhance private labels, forge brand partnerships, and onboard top talent in tech and operations. - Founded in 2019, CityMall focuses on Tier III and Tier IV towns offering goods ranging from groceries to electronics. - The company reported a 21.3% increase in operating revenue in FY24, despite a net loss expansion. - CityMall aims to leverage the thriving quick commerce market in India, reaching over 60 cities, and doubling their growth year-on-year. Source: [Inc42](https://inc42.com/buzz/meesho-rival-citymall-bags-47-mn-to-expand-private-labels-portfolio/)

CityMall, a social commerce startup, has raised $47M in a Series D round led by Accel, with contributions from several existing investors.
The funds will be used to expand delivery networks, enhance private labels, forge brand partnerships, and onboard top talent in tech and operations.
Founded in 2019, CityMall focuses on Tier III and Tier IV towns offering goods ranging from groceries to electronics.
The company reported a 21.3% increase in operating revenue in FY24, despite a net loss expansion.
CityMall aims to leverage the thriving quick commerce market in India, reaching over 60 cities, and doubling their growth year-on-year.

Source: Inc42