Ankorstore raises another $102 million for its wholesale market

by RJ Shara | May 17, 2021 | Fundings and Exit, Startups

French start-up Ankorstore has raised a $102 million Series B funding round (EUR84 million). Tiger Global and Bain Capital Ventures are leading today’s funding round with existing investors Index Ventures, GFC, Alven and Aglaé also taking part. This is a substantial funding round as it comes just a few months after the company raised EUR25 million. […] If you’re not familiar with Ankorstore, the company is developing a wholesale marketplace for independent shop owners. Basically, Ankorstore helps you source those items for shop owners. The overall addressable market is big as the business has actually recognized 800,000 independent shops across Europe that could possibly work with Ankorstore. …