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Fraazo Raises $15 Million From Sixth Sense Ventures, Others

Jul 02, 2021•about 4 years ago

Amount Raised

$15 Million

Mumbai

Description

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 Information

Company

Fraazo

Location

Mumbai, Maharashtra, India

About

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.

FundzWatch™ Score

85
Medium Activity

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