Wheelocity raises $12 Mn to solve supply chain issues for quick commerce startups
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Wheelocity, a supply chain network enabler for fresh products, has raised $12 Mn in its Series A funding round led by Lightspeed Venture Partners, with participation from Anicut Capital. The round was a combination of equity and venture debt. While Lightspeed funded 80% of the total amount in exchange of equity, Anicut Capital had a 20% contribution to the round in equity and debt.