Greencart.in raises fund $ 1.5 Million from Techno Group

CoolAvenues Newswire | April 01,2014 12:24 pm IST

Mumbai-based fresh food vendor, Greencart.in has raised Angel funding of $ 15 Million from Techno group.

The company will use the funds for expansion of its operations and to strengthen its distribution channels.


Greencart.in, an e-tailer of fresh produce started in 2013 delivers farm fresh vegetables and fruits at the door step of its consumers. The company has bought in people and technology from varied fields including agriculture, distribution, marketing and technology to procure and deliver fresh food products at the most competitive prices. The company has introduced e-wallets and scheduling of delivery as per the convenience of the consumers.
 

The company founded by Rajiv Tevtiya, Kiran Tevtiya and Devidas Mule offers over 1500 products under 30 categories. It offers local fruits and vegetables and also sources gourmet food items, imported packaged food, olives, fruits like kiwi, blue berries etc. The company is currently delivering across Mumbai, Navi Mumbai and Thane and has plans to expand across other regions.

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