Tech Company Financing Transactions

ElasticRun Funding Round

On 10/5/2018, ElasticRun announced $8 million in Series B financing from Kalaari Capital, Norwest Venture Partners and private investors.

Transaction Overview

Company Name
Announced On
10/5/2018
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series B
Investors

Kalaari Capital (Lead Investor) (Raju Rajesh)

Norwest Venture Partners (Lead Investor)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
ECommerce
Mailing Address
2nd floor Wonder Cars Arena Building Sr. No. 165 Near Kokane
Pune Maharashtra, 411027
India
Phone
Undisclosed
Email Address
Overview
ElasticRun extends the reach of brand's direct distribution networks to deep rural markets. It enables access to a set of net new stores and customers for the brands, which were not accessible through the traditional distribution networks. ElasticRun network helps eCommerce companies reach the customers in far flung rural areas through its crowdsourced logistics network.
Profile
ElasticRun LinkedIn Company Profile
Social Media
ElasticRun Company Twitter Account
Company News
ElasticRun News
Facebook
ElasticRun on Facebook
YouTube
ElasticRun on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Sandeep Deshmukh
  Sandeep Deshmukh LinkedIn Profile  Sandeep Deshmukh Twitter Account  Sandeep Deshmukh News  Sandeep Deshmukh on Facebook
Chief Financial Officer
Pankaj Roongta
  Pankaj Roongta LinkedIn Profile  Pankaj Roongta Twitter Account  Pankaj Roongta News  Pankaj Roongta on Facebook
Chief Operating Officer
Saurabh Nigam
  Saurabh Nigam LinkedIn Profile  Saurabh Nigam Twitter Account  Saurabh Nigam News  Saurabh Nigam on Facebook
Chief Technical Officer
Shitiz Bansal
  Shitiz Bansal LinkedIn Profile  Shitiz Bansal Twitter Account  Shitiz Bansal News  Shitiz Bansal on Facebook
Vice President
Ekta Kulkarni
  Ekta Kulkarni LinkedIn Profile  Ekta Kulkarni Twitter Account  Ekta Kulkarni News  Ekta Kulkarni on Facebook
VP - Engineering
Sachin Mane
  Sachin Mane LinkedIn Profile  Sachin Mane Twitter Account  Sachin Mane News  Sachin Mane on Facebook
VP - Engineering
Nikhil Sharma
  Nikhil Sharma LinkedIn Profile  Nikhil Sharma Twitter Account  Nikhil Sharma News  Nikhil Sharma on Facebook
VP - General Counsel
Meghmala Sharma
  Meghmala Sharma LinkedIn Profile  Meghmala Sharma Twitter Account  Meghmala Sharma News  Meghmala Sharma on Facebook
VP - Operations
Rahul Bhatia
  Rahul Bhatia LinkedIn Profile  Rahul Bhatia Twitter Account  Rahul Bhatia News  Rahul Bhatia on Facebook
VP - Operations
Hitesh Luthra
  Hitesh Luthra LinkedIn Profile  Hitesh Luthra Twitter Account  Hitesh Luthra News  Hitesh Luthra on Facebook
VP - Operations
Karthik M
  Karthik M LinkedIn Profile  Karthik M Twitter Account  Karthik M News  Karthik M on Facebook
VP - Operations
Mukesh Mittal
  Mukesh Mittal LinkedIn Profile  Mukesh Mittal Twitter Account  Mukesh Mittal News  Mukesh Mittal on Facebook
VP - Operations
Brijesh Warrier
  Brijesh Warrier LinkedIn Profile  Brijesh Warrier Twitter Account  Brijesh Warrier News  Brijesh Warrier on Facebook
VP - Product Management
Sudhir Patil
  Sudhir Patil LinkedIn Profile  Sudhir Patil Twitter Account  Sudhir Patil News  Sudhir Patil on Facebook
VP - Sales
Manish Dubey
  Manish Dubey LinkedIn Profile  Manish Dubey Twitter Account  Manish Dubey News  Manish Dubey on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/5/2018: MoQuality venture capital transaction
Next: 10/5/2018: ZipRecruiter venture capital transaction

 

Share this article

 


News on VC Transactions

We do our best to report on every notable VC transaction. VC investment data records on this site are derived from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary