Saturday, December 21, 2024

AT Capital Singapore

Tech-enabled grocery chain Frendy secures INR 2 Cr in debt financing from UC Inclusive Credit to fuel expansion

Startups
Frendy, aÍŹÍŹÍŹ tech-enabled small-format grocery chain, ÍŹÍŹÍŹhasÍŹ ÍŹÍŹsecurÍŹedÍŹ ÍŹÍŹINR 2 crÍŹoreÍŹ (aÍŹrounÍŹdÍŹÍŹ $ÍŹÍŹ2ÍŹ39ÍŹKÍŹ)ÍŹ in aÍŹ debt fiÍŹÍŹnanciÍŹng rÍŹoundÍŹ lÍŹed by UC Inclusive Credit. WÍŹith ÍŹtÍŹhis ÍŹlatÍŹÍŹesÍŹtÍŹ ÍŹfundiÍŹng, ÍŹtÍŹheÍŹ starÍŹtÍŹup hÍŹaÍŹÍŹs noÍŹw raiseÍŹÍŹd aÍŹ cumuÍŹlativÍŹe totÍŹaÍŹl ofÍŹ...

Frendy raises $2 Million in funding round to boost tech and expand store network

News
Frendy, a convenience store network, announced on Monday that it has raised INR 16 crore ($2 million) in a bridge round of funding.In this funding round, existing investor Desai Ventures, along with new participants such as...

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