VC Fund Investments

Retail store network Frendy raises $2-M

INC42  

Ahmedabad-based convenience store network Frendy has raised INR 16 Crore (USD 2 Million) in a bridge round. The funding round saw participation from existing investor Desai Ventures and new investors Auxano Capital, AT Capital Singapore, Metara Ventures, Priya Joseph, Rohan Jain and Rishabh Jain of The Wellness Co., and Apurva Salarpuria family office. The startup plans to use the fresh funds to expand its technology stack, stores, and private-label product portfolio.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.