Frendy raises Rs 10 cr in pre-Series A round

Community group buying platform Frendy has raised Rs10 cr in Pre-Series A round from Pavitar Singh, Abhishek Khurana and the Desai family office. The firm is also in discussion to close its Series A round of Rs30 crore in the next few months. Frendy is planning to utilize the funds primarily for growth, expanding its team and meeting working capital needs. Launched in 2019 by Sameer Gandotra, Frendy is a social commerce startup that provides discounts on groceries and other essential items to lower tier towns through the neighborhood homepreneurs. Continue reading Frendy raises Rs 10 cr in pre-Series A round at Entrackr.

Frendy raises Rs 10 cr in pre-Series A round

Frendy raises Rs 10 cr in pre-Series A round

Community group buying platform Frendy has raised Rs10 cr in Pre-Series A round from Pavitar Singh, Abhishek Khurana and the Desai family office. The firm is also in discussion to close its Series A round of Rs30 crore in the next few months.

Frendy is planning to utilize the funds primarily for growth, expanding its team and meeting working capital needs.

Launched in 2019 by Sameer Gandotra, Frendy is a social commerce startup that provides discounts on groceries and other essential items to lower tier towns through the neighborhood homepreneurs.

Continue reading Frendy raises Rs 10 cr in pre-Series A round at Entrackr.