PepperTap Raises Funding From Sequoia Capital

PepperTap, a mobile first hyper-local grocery delivery service based out of Gurgaon has secured an undisclosed amount in seed round from Sequoia Capital. PepperTap has already raised an undisclosed amount of seed funding from a US based bluechip VC fund and now the startup is in advance stages to close its next round of funding which is around $10 million.

On February 12, 2015, PepperTap has launched its mobile application on iOS platform as it is already available on Android platform. The service of PepperTap is currently available only in Gurgaon.

PepperTap have range of 5000 unique products including grocery & staples, fruits & vegetables and household goods with the promise of delivery within 2 hours or at customer’s preferred time slots. The company's business model is unique to India and similar to Instacart in the US.

PepperTap is a location based platform that allows customers to shop from a catalog that is specific to their
location. It is committed to make daily life easy and hassle­free for customers by offering them timely service, just when they need it.

Founded in November 2014 by Navneet Singh and Milind Sharma, who were previsouly employed with another startup from New Delhi - Delhivery, thereafter both established NuvoEx, India's premier e-commerce focussed reverse logistics company. Initially when they started PepperTap it was operating from a 200 sq. ft. office.

PepperTap is the fastest on-demand grocery delivery service in India that provides convenience, on-time and on-demand delivery to its customers. PepperTap connects directly with the local vendors and supermarkets to provide
necessities to the masses. A smart way to save time and fuel.

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