CityMall set to raise $12 Mn in a round led by Accel
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Social commerce continues to be a hot sector for venture capitalists and large investors such as SoftBank. After Meesho, CityMall is all set to raise $12 million in a Series A round led by Accel Partners, according to three people aware of the details of the transaction. This would be the second institutional round for the two-year-old firm. CityMall had raised a $3 million round last year.