B2B fruits marketplace Vegrow raises $46-M Series C led by Gic

Business-to-business (B2B) fruits marketplace Vegrow has raised USD 46 million in Series C funding led by Singapore's sovereign wealth fund GIC. Existing investors Prosus, Matrix Partners India, Elevation Capital, and Lightspeed Ventures participated. The Bengaluru-based agritech company will use the fresh capital to expand its reach in India and strengthen its global presence. Avendus was the financial advisor to Vegrow in the deal.