Quick-Commerce Enabler Blitz Raises ₹28.7 Cr in Pre-Series B

30 Sept 2026, 11:16 am · 2d ago · 1 min read · Entrackr

Amount

₹28.70 Cr

Stage

Pre-Series B

Lead

IvyCap Ventures

Quick-commerce fulfillment platform Blitz has raised ₹28.70 crore in a pre-Series B funding round led by existing investor IvyCap Ventures, which contributed ₹12.70 crore. ICMG Group invested ₹4.75 crore, Vishal Dhupar infused ₹2.50 crore, and several angel investors provided the remaining capital. The funding round lifts Blitz’s post-money valuation by 2.5X to approximately ₹440 crore, up from ₹175 crore during its Series A. Founded in 2020 by Gaurav Piyush, Mayank Varshney, and Yash Sharma, Blitz operates dark stores and fulfillment centers offering 10-minute to same-day delivery services for ecommerce and direct-to-consumer brands.