Mobile-first grocery delivery marketplace JiffStore has raised additional funding from existing investors Unitus Seed Fund and Times Internet. The size of the deal hasn't been disclosed. The funds will be used to expand the company’s network of stores, for marketing, expanding the team, and improving the technology platform. Bangalore-based JiffStore is also expanding its operations to other cities - Mumbai, Hyderabad and Delhi - though no specific timeline has been mentioned. JiffStore, which claims to clock about 6000 transactions per month, had raised investment from Unitus Seed Fund in May last year. While the investment size was not disclosed by the company, Unitus Seed Fund typically invests between $50,000 to $150,000 on each company. JiffStore was also part of TLabs' fourth startup batch in September 2013, and had received Rs 10 lakh funding (for 10% stake). JiffStore allows customers to place grocery orders from local kirana (grocery) stores through its iOS and Android mobile apps or their website. The company ties up with shops that have their own home delivery model and charges them a subscription-based fee for using Jiffstore’s platform. It’s services are currently available at 120 locations in Bangalore. JiffStore claims to deliver within 2 hours of placing an order. Funding in online grocery delivery services - Gurgaon-based PepperTap raised funding worth $10 million from SAIF Partners and Sequoia Capital, in April. The company planned to used the funds to expand to more cities including Bangalore, Pune, Mumbai and Hyderabad by the end of this year. The company had raised seed funding worth $1.2 million from Sequoia in…
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