MyMandi has secured INR 4 crore in a seed funding round from sector-agnostic angel fund Real-Time Angel Fund (RTAF), LetsVenture also participated in the round according to the media reports. MyMandi is a Gwalior-based marketplace for cart pushers. It is a Business to Business market place aims to provide a one-stop shop, in the form of an online platform to cart pushers.
The funds will be utilised for building technology and distribution strength in supporting the cart-pusher community. The media reports also mentioned that Over the next five years, RTAF wants to invest its total 100 Cr fund in pre-seed to pre-series in those startups where tech is a key component.