Ugaoo has raised $2 million in a pre-Series A round
- November 29, 2021
- 0
D2C home gardening brand Ugaoo has raised $2 million in a pre-Series A round drove by DSG Consumer Partners and RPG Ventures. The startup plans to use the
D2C home gardening brand Ugaoo has raised $2 million in a pre-Series A round drove by DSG Consumer Partners and RPG Ventures.
The startup plans to use the funds to expand its regional presence with center points and garden centers in Bangalore, Delhi, Kolkata and collaborate with international plant companies to introduce a more extensive range of intriguing plants and premium plant care items to the Indian market.
Founded in 2015 by Siddhant Bhalinge, Ugaao offers an array of items including, live indoor plants, planters, kitchen garden seeds and plant care items through its site as well as marketplaces like Amazon, Flipkart, and so on
The Pune-based firm has fulfilled in excess of 1,000,000 orders in the last six years and aims to create at least 500k plants a month by end of the following year.
According to the company, it has tackled a major issue in the supply chain of the online gardening industry by using innovative, jam filled soil blends and reusable solid packaging that can withstand a payload of 50 kg and 8-10 days in transit from nursery to destination.