Argus Partners Advises Ripplr on $45 Million Series C Fundraise

"Argus Partners advised Intelligent Retail Private Limited (Ripplr) on a $45 million Series C round comprising a mix of primary and secondary transactions and debt. New investor State Bank of India joined existing backers Sojitz Corporation, 3one4 Capital and Zephyr Peacock."

Argus Partners represented Intelligent Retail Private Limited (Ripplr) in connection with its $45 million Series C fundraise; investors in the round included new participant State Bank of India alongside existing investors Sojitz Corporation, 3one4 Capital and Zephyr Peacock. The Series C raise amounted to $45 million and comprised a mix of primary and secondary transactions together with debt financing. The transaction brought new capital into Ripplr while enabling secondary liquidity for shareholders and incorporating debt as part of the overall financing structure. Ripplr is a Bengaluru-based company founded in 2019 that operates a B2B retail technology platform offering Distribution as a Service to FMCG brands. The company focuses on digitising distribution and logistics with the stated aim of building India’s largest digital-first distribution platform. Argus Partners represented Ripplr with a team composed by: Anindya Ghosh (Partner); Jaidrath Zaveri (Principal Associate); Shubham Tiwary (Associate); Aradhana Pandit (Associate).

Argus Partners Advises Ripplr on $45 Million Series C Fundraise

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