SuperK raises Rs 100 Cr led by Binny Bansal and Mithun Sacheti

SuperK, a branded franchised retail chain focused on small towns in India, has raised Rs 100 crore (approximately $11.7 million) in a Series B funding round led by Binny Bansal’s 3STATE Ventures and Mithun Sancheti, founder and former CEO of CaratLane. The round also saw participation from Indian batter and current Men’s Test captain Shubman Gill, along with existing investors Blume Ventures and Xeed Ventures.

In March last year, the Bengaluru-based startup raised $6 million in…