[the_ad id="83613"]
Vegrow

Lightspeed and Elevation lead $13 Mn Series A round in Vegrow

Vegrow

Fresh farm produce supply chain startup Vegrow has raised $13 million in its Series A round led by Lightspeed Venture Partners and Elevation Capital. Matrix Partners India, Ankur Capital, Better Capital and Titan Capital have also participated.

Entrackr had exclusively reported about the upcoming funding in Vegrow on May 18.

According to the company, the funds will be used to expand its presence from 30 to 100 cities, ramp up technology and launch new products. Founded by Praneeth Kumar, Shobhit Jain, Mrudhukar Batchu and Kiran Naik, the startup smoothens the supply chain for fruits and vegetables.

Its technology platform provides farm discovery, quality profiling, market intelligence to businesses whereas farmers get advisory, packaging and logistics support from VeGrow. The company majorly operates in Karnataka and competes with Dailyninja, Waycool and Zomato’s HyperPure.

Previously, Vegrow had raised $2.5 million in its seed round led by Matrix and participated by several angels including Sanjiv Rangrass, Rohit MA, Ramakant Sharma and Amit Lakhotia as its angel investors.

Send Suggestions or Tips

Vegrow

Lightspeed and Elevation lead $13 Mn Series A round in Vegrow

Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Below is the bank details:

 
Amount: INR 3,00,000 + GST (TDS to be deducted 2%)
Bank Name: ICICI Bank
Account Type: Current
Account Name: Bareback Media Private Limited
Account Number: 002105023595
IFSC Code: ICIC0000021
 
Kindly make the payment to confirm your seat for Unicorn trip 3.0. For any other queries/concern: pls drop a email on: [email protected] or [email protected]
X