Exclusive: Rural Commerce Startup Wheelocity Raises ₹82 Cr In Ongoing Funding Round

Rural commerce startup Wheelocity has raised over ₹82 Cr (about $8.5 Mn) in an ongoing funding round from new investors, existing backers, and a host of angel investors. Overall, the startup has raised ₹82.36 Cr across three tranches, as per its MCA filings. While it secured ₹16.32 Cr from Lightspeed India Partners III LLC, LS Opportunities Access Fund LP, Grand Anicut Fund 3 and Magnum LLC, it raised ₹11.05 Cr from VML Karthikeyan, Lakshmi Narayanan Senthilnathan, V.M.