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Executive Movements

ElasticRun announces three key appointments, Pankaj Roongta named Group CFO

ElasticRun, India’s B2B eCommerce platform enabling access to millions of rural Indian kirana shops, announced the expansion of its leadership team with three key new hires. The new team-members include Pankaj Roongta who has joined as the CFO, Sashi Gumma joining as CBO – Networks , and Dheeraj Arora who has come on board as […]

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Executive Movements Global

ElasticRun appoints Shailendra Narang as Director, Kredit Business

ElasticRun has announced the appointment of Shailendra Narang, as Director, Kredit Business. In this role, Shailendra will be responsible for building the rural credit business, bringing in solutions focused on improving the credit access for rural kirana merchants. Upon joining ElasticRun, Shailendra Narang, Director, Kredit, remarked, “The hinterland of India consists of 650,000 villages inhabiting […]

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Investment

Pune-based ElasticRun raises $75M in Series D round, plans to grow its commerce platform for neighborhood stores

ElasticRun, a Kirana Commerce Platform that enables businesses to reach small Kirana stores in the deep rural parts of India, announced it has raised $75 million in its Series D financing round co-led by existing investors Avataar Ventures and Prosus Ventures, according to TechCrunch report. Existing investor Kalaari Capital also participated in the round, which […]