Vikas Dosala News Today

D2C greengrocer Fraazo raises $50 million from WestBridge, others Mumbai: Fraazo, a direct-to-consumer (D2C) brand in the fresh vegetables and fruits category, has raised $50 million in a funding round led by WestBridge Capital, in a sign of increased competition in the space. Existing investors Sixth Sense Ventures, Equanimity Investments, Apar Group participated in the

Online music learning and community platform Artium Academy has raised $3 Mn in a funding round led by Chiratae Ventures

Fraazo has completely shut its operations in the Delhi-NCR region last weekend and is likely to shut more stores in Bengaluru and Hyderabad

Indians have a unique and intimate relationship with food.

Indians have a unique and intimate relationship with food. The daily routine of shopping for ingredients, cooking a meal, and sharing it with family or friends each day induces a special bond among members that leads to many special memories. Underst

Fraazo unlocks one dark store every 8 hours, making them the category leader in quick commerce green-grocery in India.

Online vegetable and fruit seller is unlocking one dark store every eight hours, claiming that the move will enable them to offer farm fresh groceries in under 12 hours.

Fraazo has raised $50 million in its latest round of funding from WestBridge Capital alongside existing investors Apar Group, Equanimity Investments, Sixth Sense Ventures.

The round of investment will be led by WestBridge as it will be pumping in INR 191 Cr for 98 equity shares and 11,18,068 Series B compulsory convertible preference shares.