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Ugaoo Secures INR 47 cr Series A Funding From V3 Ventures

  • Ugaoo, an urban gardening startup, has secured INR 47 crore in Series A funding led by V3 Ventures, DSG Consumer Partners, and RPG Ventures.
  • The funding will be used to increase production to 5 lakh plants per month and expand manufacturing capacity to 100 acres over the next two years.
  • Ugaoo provides online and physical client service through its website, app, and nine locations in Bengaluru, Mumbai, and Pune. It also sells its products on e-commerce sites like Zepto, Swiggy, and Blinkit, as well as Amazon and Flipkart.
  • Ugaoo aims to expand its product range by collaborating with foreign plant suppliers and strengthening its web presence. The company previously raised $2 million in its pre-Series A financing.

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