Community ecommerce startup CityMall raises $47 million at flat valuation
By
Binu Mathew
Community ecommerce startup CityMall, which caters to non-metro consumers, has raised $47 million in a funding round led by Silicon Valley-based venture capital firm Accel.
The round, which was a mix of equity and debt, also saw participation from other existing investors, including Waterbridge Ventures, Citius, General Catalyst, Elevation Capital, Norwest Venture Partners, and Jungle Ventures.
