Furtilo Raises Seed Funding for Zero-Commission Local Shop Delivery
Bengaluru-based Furtilo, previously known as BelivMart, has raised seed funding from US-based investment firm Trikona LLC. The amount was not disclosed.
The startup focuses on zero-commission delivery for local shops in Tier-3 and Tier-4 towns. Customers use a single app to order food and products, including groceries and electronics, from local merchants.
Instead of taking a commission on each order, Furtilo charges merchants a flat monthly subscription starting at ₹99, avoiding the typical 20-30% commission charged by other platforms. Local merchants retain the full order value.
Since its relaunch in January 2026, the company has grown to operate in over 37 small towns across Madhya Pradesh, Rajasthan, and Gujarat, with more than 650 restaurants and shops onboarded and over 70 delivery partners.
It now handles more than 6,000 orders a month, up from over 1,500 in June 2026.
Newsletter
The corridor, every morning.
Funding rounds and cross-border capital moves, one email, five minutes.
The funding is earmarked for expansion to over 500 towns by mid-2028 and for hiring in engineering and operations. Furtilo also plans to introduce parcel delivery and bike taxi services using its existing rider network, with bike taxis launching only in states where they are permitted.
Ankit Agrawal, co-founder and CEO of Furtilo, said:
“Local merchants already have their customers' trust. What they lack is simple technology and a fair way to reach more people. Today our merchants save up to 30% of order value compared with commission-based platforms. This funding helps us take that to hundreds more towns.”
Keshav Kiran, managing partner at Trikona LLC, said:
“India's next wave of digital commerce will come from towns that big platforms have not reached. Orders growing fourfold in four months shows the demand is real. Furtilo has shown that local merchants will go digital when the model is simple and fair.”
Agrawal co-founded the company with Sumit Rathore and Vaibhav Rathore. Furtilo's story began in Dalauda, a small town in Madhya Pradesh's Mandsaur district where the Rathores grew up.
More in Funding
