Mumbai-based D2C brand in the fresh vegetables and fruits space FRAAZO has announced the closing of a fresh $11 million Series A financing round of equity funding led by Sixth Sense Ventures.
Sixth Sense is joined by NABARD-backed NABVENTURES and existing investors Equanimity Ventures; Manish Choksi, Vice Chairman and member of the Board of Directors of Asian Paints Limited; and Apar Group.
With the latest funding, FRAAZO said it is set to expand operations pan-India, while cashing in on the unprecedented digital adoption within the fragmented fresh food market.
