Rural economy-focused tech startup, VilCart, announced on Monday that it achieved a revenue of INR 102 crore in March 2024. The company highlighted that its path to reaching this milestone of INR 100 crore in revenue was marked by significant partnerships with farmers, farmer producer organizations, leading suppliers, manufacturers, and brands, according to a statement released by the company.
“Every day, VilCart is experiencing growth, and with this rapid expansion, we are advancing towards new milestones,” stated Prasanna Kumar C (CPK), CEO of VilCart Rural. “We witnessed a remarkable 350 per cent increase in our workforce from 2023 to 2024,” he added.
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He elaborated, “Our vision is to evolve Gramin Kirana stores into Gramin Supermarkets, providing them access to a comprehensive range of products available in the city.”
Earlier this year, the Bengaluru-headquartered startup secured INR 144 crore in Series A funding, with Asia Impact SA leading the investment round.
Since its inception in 2018, VilCart has expanded its reach to encompass 85,000 Kirana stores across 30,000 villages, spanning 56 districts in South India.
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