ElasticRun has raised $75 mn, in a round jointly led by existing investors Avataar Ventures and Prosus Ventures. Kalaari Capital, another existing investor, also participated. The four-year-old startup, to-date, has raised $130.5 mn. ElasticRun operates in 300 cities with over 125,000 neighborhood stores. The Pune, India-based start-up plans to reach 1 mn stores in the next two years, Shitiz Bansal, co-founder and CTO of ElasticRun, told to TechCrunch.

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