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Blitz raises Rs 28.70 crore in pre-Series B round led by IvyCap Ventures at 2.5X valuation premium to Rs 440 crore.

PRIVATESep 30, 2026

Amount Raised

₹287 Million

Round Type

Series B

Bengaluru

Investors

ICMG GroupVishal DhuparIvycap Ventures

Description

Blitz, a quick-commerce fulfillment startup, has raised Rs 28.70 crore in a pre-Series B funding round led by existing investor IvyCap Ventures. IvyCap Ventures led with Rs 12.70 crore, followed by ICMG Group with Rs 4.75 crore and founder Vishal Dhupar with Rs 2.50 crore, with additional angel investors participating. The company's post-money valuation jumped to Rs 440 crore compared to Rs 175 crore in its Series A round, representing a 2.5X premium. Funds will be used for business growth, expansion, and general corporate purposes.

Company Information

Company

Blitz

Location

Bengaluru, Karnataka, India

About

Same-Day Delivery Platform to Accelerate Your Ecommerce Sales & Increase Retention by 2x.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Blitz raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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