Hyperlocal plants deliverer Urvaan raises funding from IPV

Urvann, a Delhi-headquartered gardening-focused hyperlocal marketplace, has raised funding in a pre-Series A round led by Inflection Point Ventures. The company plans to use the funds to enhance the technology and facilitate expansion into different regions across the country. Founded in 2021 by IIM-Ahmedabad and ISB alums, Urvann delivers fresh plants at low prices. Since establishment, Urvann claims to have fulfilled over 75,000 orders, running a current daily delivery volume of over 500 orders.