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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
MPFunds, a Singapore-based funded trader programme, has announced raising S$1.5 million (about $1.1 million) in its pre-Seed funding round.
Fraazo has completely shut its operations in the Delhi-NCR region last weekend and is likely to shut more stores in Bengaluru and Hyderabad
The fund will majorly focus on startups operating in segments—mobility, electric vehicles, artificial intelligence and blockchain.
Biedronka has opened 6 new stores ahead of Christmas