Stay updated with breaking news from Mrudhukar Batchu. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Indian startup Vegrow, which runs a business-to-business marketplace for fruits, has raised $46 million in a Series C funding round led by GIC.
The latest funding round in the 2020-founded startup, which had raised $40.5 million in the past, was at a valuation of about $290 million, cofounder Shobhit Jain told ET in an interaction.
Earlier in July, the company raised $25 million as part of its Series B funding at a post-money valuation of $170-$180 million. The new round marks GIC’s first agri-tech and B2B investment in India, the company said
Mithun Sacheti, who scored a Rs 4,621-crore exit from omnichannel jewellery retailer CaratLane to Titan in August, has joined Singularity Growth as a general partner. This and more in today's ETtech Top 5.
The funds will be used by the startup to expand its operations and establish dominance across supply micro-pockets.