Private Equity VC Fund Investments
Cold chain operator Tessol attracts Rs 7.5 Cr from Mela Ventures, others
Source CNBC (opens in a new tab)
Mumbai-based cold chain solutions provider Tessol has raised INR 7.5 crore in a funding round led by Mela Ventures, with participation from existing investors 1crowdAngels, and 1Fund. As part of the deal, Mela will be joining the company's board.
The funds raised will be used for geographical expansion, capacity building, team building, for launching new products, and for application development. Tessol enables brands and distributors to offer end-to-end cold chain transportation.