According to documents filed with the Corporate Affairs Ministry, Instakart Services -- the entity that runs Ekart Logistics -- received a funding of Rs 1,632.8 crore in November in three tranches from Klick2Shop Logistics Services International.
On November 7, Klick2Shop (a company registered in Singapore) pumped in Rs 323.6 crore and topped it up with two more rounds of fund infusion on November 27 for Rs 981.7 crore and Rs 327.4 crore, the documents showed.
"The equity shares allotted to Klick2Shop Logistics Services International shall rank pari-passu with existing equity shares of the company as to dividend voting or otherwise...," it added.
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