Fraazo Raises $15 Million From Sixth Sense Ventures, Others
07/02/21, 1:07 AM
Location
mumbaiMoney raised
$15 million
Mumbai: Fraazo, a direct-to-consumer (D2C) brand in the fresh vegetables and fruits space, has raised $15 million in a Series A funding round led by Sixth Sense Ventures.
Company Info
Location
mumbai, maharashtra, india
Additional Info
The company has also received strong interest from development finance institutions and multilaterals for an additional $5 million of financing for expansion and to enhance its procurement base with farmers in the North and Northeast India, it said in a statement. The funding round is a mix of equity and debt, the company said. Launched 12 months ago, it has served a million customers till date, the company said.