Global instant grocery and retail delivery startup Jokr raised $170 million in a Series A funding round led by GGV Capital, Balderton Capital and Tiger Global Management, with additional participation from Greycroft, Kaszek, Monashees, Activant Capital, HV Capital and FJ Labs.
Jokr CEO and founder Ralf Wenzel — a former executive with Germany’s Delivery Hero and FoodPanda founder — said in a Tuesday (July 20) press release emailed to PYMNTS that the fresh capital will help the delivery startup expand operations and target “local product offerings and more sustainable delivery and supply chains.”
The startup is already on the move and expanded its global operations to 100 delivery hubs across nine cities in the U.S., Latin America and Europe.
Source: Pymnts
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