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Total amount raised
$100M
Latest funding date
2025-11-28
Location
Ripplr has successfully raised $40 million over 9 funding rounds, with the most recent round being a Series C. The company is backed by 19 investors, including Sojitz, State Bank of India, and Fireside Ventures.
Ripplr aims to build India's largest digital-first distribution platform, offering comprehensive distribution and logistics services for various industries. Keep reading to explore the intricacies of Ripplr's fundraising journey and the investors backing this innovative platform.
Ripplr has raised funding across multiple rounds backed by 19 investors including State Bank of India (SBI), 3one4 Capital, Fireside Ventures, Zephyr Peacock, and Sojitz Corporation.
Keep reading to explore Ripplr's fundraising journey, from its early seed round to its landmark Series C in 2025.
What Is Ripplr?
Ripplr (operated by Intelligent Retail Pvt Ltd) is a Bengaluru-headquartered, full-stack technology-driven distribution and supply chain platform founded in 2019 by Abhishek Nehru and Santosh Dabke. The company enables consumer and FMCG brands to scale their offline retail presence across India, particularly in Tier 2 and Tier 3 markets, serving over 100,000 retailers.
How Much Funding Has Ripplr Raised?
- Seed Round
- Amount Raised: Undisclosed
- Date: January 2020
- Lead Investors: 3one4 Capital, Sprout Venture Partners
- Series A
- Amount Raised: USD 3,000,000
- Date: January 2021
- Lead Investors: Zephyr Peacock India Growth Fund
- Participants: 3one4 Capital, Chand Family Office – Yukti
- Pre-Series B (Equity & Debt)
- Amount Raised: USD 12,000,000
- Date: December 2021
- Lead Investors: Sojitz Corporation
- Participants: Stride Ventures, 3one4 Capital, Zephyr Peacock India Growth Fund, Chand Family Office – Yukti
- Series B (Equity & Debt)
- Amount Raised: USD 40,000,000
- Date: May 2023
- Lead Investors: Fireside Ventures
- Participants: Bikaji Foods International, Neo Foods, 3one4 Capital, Zephyr Peacock, Sojitz Corporation, Alteria Capital, Northern Arc Investments, Trifecta Capital
- Series C
- Amount Raised: USD 45,000,000
- Date: November 28, 2025
- Lead Investors: State Bank of India (SBI)
- Participants: 3one4 Capital, Zephyr Peacock, Sojitz Corporation
Total Amount Raised: At least $100M based on disclosed funding (Seed round amount undisclosed; cumulative disclosed rounds total $100M across equity and debt).
Key Investors
- State Bank of India (SBI)
- Details: India's largest public sector bank joined as a new investor in Ripplr's Series C round in November 2025, leading the $45M raise.
- 3one4 Capital
- Details: Bengaluru-based venture capital firm and one of Ripplr's earliest institutional backers, participating from the Seed round through Series C.
- Fireside Ventures
- Details: Indian consumer-focused VC firm that led Ripplr's Series B round in May 2023.
- Zephyr Peacock India
- Details: Private equity fund focused on mid-market growth companies in India; participated from Series A through Series C.
- Sojitz Corporation
- Details: Japanese conglomerate that led the Pre-Series B round in December 2021 and continued participation through Series C.
What's Next for Ripplr?
With its Series C capital, Ripplr plans to deepen its distribution infrastructure across India, expand its retailer network in Tier 2 and Tier 3 cities, and invest further in its technology platform to help consumer brands scale their offline presence more efficiently.
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