Debt financing
Retail kiosks firm NutriTap raises Rs.4-Cr from Grip Invest
Retail tech start-up NutriTap Technologies has signed up with Grip Invest for a leased financing deal of INR 4 crore. NutriTap creates alternative retail channels for brands to do direct-to-consumer (D2C) unmanned retail. The startup's expertise includes smart kiosk technology and simplified distribution mechanism. NutriTap operates more than 250 smart retail kiosks across cities. Grip Invest will enable NutriTap's retail users to lease assets such as smart retail kiosks and other machines needed in running unmanned 24/7 retail stores, providing an opportunity to invest in the retail space.
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