PepperTap raises $36M from Snapdeal , Sequoia India and SAIF

PepperTap, online grocery delivery Startup in India, has raised third round of investment of $36 million from Snapdeal , Sequoia India and SAIF. PepperTap provides groceries on-demand for customers. It works with existing stores (that provide supply) to get orders dispatched to customer within two hours.

Why did PepperTap raised funds?
They are on aggressive plans to scale to 75 Cities In India, currently operating in 17 cities. In addition to operational expenses, PepperTap plans to invest this new funding into developing its technology.

Orders Processed daily : 15,000-17,000
Total sales volume per year: $250 million by March 2016
Headcount: 3000

Tags:Peppertap funding, grocery, snapdeal, series b, Nuvo Logistics Pvt Ltd


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