Samvad Partners advised The Fundamentum Partnership Fund – II in its investment of approximately INR 84 crores as the lead investor in the INR 162 crore Series B funding round of Fleet Labs Technologies Private Limited, which operates under the brand name ‘Apna Mart’.

The round also saw participation from existing investors, including Peak XV Partners, Accel, Sparrow Capital, and Disruptors Capital. Apna Mart is a fast-growing player with pan-India brand presence in the FMCG wholesale trading and distribution sector. The company’s hybrid model integrates a network of offline franchise stores with digital solutions, providing entrepreneurs with a scalable business framework through comprehensive end-to-end support for both online and offline transactions.

The team working on this transaction comprised Partners Junaira Rahman, Gauri Khanna and Pratik Patnaik, Senior Associate Aditi Sachdev, and Associates Pragya Singh and Aditi Bose.

Source: Samvad Partners’ LinkedIn Page