MaxWholesale raises fresh capital; introduces ESOP Scheme
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MaxWholesale, a B2B e-commerce platform for Kirana stores, has raised Rs 4.43 crore from existing investors Al Falaj Commercial Investment and Indian Angel Network Fund. The fresh capital has come after four months of raising $3 million in Series A funding round led by IAN Fund-I and AI Falaj. The four-year-old New-Delhi-based startup has allotted 426 Series A5 CCPS to the existing backers investors at Rs 44,273.5 per share.