ElasticRun: Funding, Investors & Team (Oct 2026)
ElasticRun provides a logistics and distribution platform designed to help businesses reach traditionally unserviced consumers. Its platform acts as an extended arm of FMCG companies’ direct distribution networks in the rural area to provide a set of net new customers to the FMCG companies. It has been helping eCommerce companies reach customers in far-flung areas through its network of rural Kirana stores. ElasticRun brings banks and financial institutions closer to a new set of underserviced SME customers from its rural Kirana network. ElasticRun has been harnessing the data generated from its platform to help its customers sharpen their marketing plans.
ElasticRun has raised $303M across 1 funding round on record, the most recent a Series E of $303M announced in Feb 2022.
That round is above the $3.6M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.
ElasticRun Company Profile and Key Stats
Latest funding round on record: Feb 2022.
ElasticRun Funding Rounds
ElasticRun Founders and Leadership Team
Contact details for the ElasticRun team: 1 of 1 has an email address on file.
Start 14-day free trial →ElasticRun Funding Compared to Other Commerce and Shopping Startups
ElasticRun's latest round of $303M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like ElasticRun in Commerce and Shopping and Pune
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ElasticRun Funding FAQs
What does ElasticRun do?
ElasticRun provides a logistics and distribution platform designed to help businesses reach traditionally unserviced consumers. Its platform acts as an extended arm of FMCG companies’ direct distribution networks in the rural area to provide a set of net new customers to the FMCG companies. It has been helping eCommerce companies reach customers in far-flung areas through its network of rural Kirana stores. ElasticRun brings banks and financial institutions closer to a new set of underserviced SME customers from its rural Kirana network. ElasticRun has been harnessing the data generated from its platform to help its customers sharpen their marketing plans.
How much funding has ElasticRun raised?
ElasticRun has raised $303M across 1 round on record. The most recent is a Series E of $303M announced in Feb 2022.
When did ElasticRun last raise funding?
ElasticRun's most recent funding round on record is a Series E of $303M, announced in Feb 2022.
Who is the CEO of ElasticRun?
Sandeep Deshmukh is listed as CEO at ElasticRun.
Where is ElasticRun headquartered?
ElasticRun is based in Pune, Maharashtra, India.
How many employees does ElasticRun have?
ElasticRun is in the 1001-5000 employee band.
How does ElasticRun's funding compare to other Commerce and Shopping startups?
ElasticRun's latest round of $303M is above the $3.6M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.
About FundedIQ's ElasticRun Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for ElasticRun is left off this page rather than filled in.
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