Blitz, a Bengaluru-based same-day delivery startup, has raised $3 million in funding led by India Quotient. The round also saw participation from Better Capital, First Cheque, Titan Capital, and angel investors such as Kunal Shah, Farid Ahsan, Abhinav Jain, Rahul Dash, Prabhkirandeep Singh, Ishendra Agarwal, Kalpak Chhajed, Arjun Vaidya, Gaurav Pushkar, Piyush Kedia, and Anshoo Sharma.
Founded in 2021 by Gaurav Piyush, Yash Sharma, and Mayank Varshney, Blitz offers same-day delivery for all orders placed before 3 PM. The company has dark stores in seven cities: Bengaluru, Delhi, Gurugram, Noida, Mumbai, Hyderabad, and Jaipur.
Blitz will use the funds raised in the Series A round to expand its dark store network, build its technology platform, and hire more talent. The company also plans to expand into new cities.
“We are excited to partner with India Quotient and other investors in this round of funding,” said Gaurav Piyush, co-founder and CEO of Blitz. “This investment will help us accelerate our growth and reach more customers across India.”
Amit Jain, managing partner at India Quotient, said, “We are impressed by the team’s focus on customer experience and technology. We believe that Blitz has the potential to become a leading same-day delivery platform in India.”
The same-day delivery market in India is growing rapidly. The market is expected to reach $10 billion by 2025. Blitz is well-positioned to tap into this growing market. The company has a strong technology platform and a network of dark stores in key cities.