Value ecommerce startup CityMall, which focusses on non-metro customers, is in talks to raise Rs 400-500 crore led by existing investor Jungle Ventures, people in the know told ET. The round is expected to see participation from new investors as well as existing names on its cap table, and will likely value CityMall at around Rs 4,000 crore, up from Rs 3,000 crore at which it last raised capital. CityMall had raised $75 million in 2022 at the