Frendy
Grocery chain Frendy plans to open 300 new marts and achieve INR 500 crore in revenue by 2026, capitalising on the growing consumer shift towards tech-enabled neighbourhood stores. Currently, the company operates over 25 mini marts...
After receiving a INR 2 crore investment from UC Inclusive Credit (UCIC), Ahmedabad-based Frendy now plans to develop its mini marts and achieve an ARR of INR 100 crore over the next six months. Frendy, founded in...
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Budget 2024-25: What the Food and FMCG Industry Really Wants
As the 2024-25 budget announcement draws near, FMCG, retail, and food and beverage (F&B) sectors are buzzing with anticipation. Industry stakeholders are vocal about...
Tech-enabled grocery chain Frendy secures INR 2 Cr in debt financing from UC Inclusive Credit to fuel expansion
Frendy, a͏͏͏ tech-enabled small-format grocery chain, ͏͏͏has͏ ͏͏secur͏ed͏ ͏͏INR 2 cr͏ore͏ (a͏roun͏d͏͏ $͏͏2͏39͏K͏)͏ in a͏ debt fi͏͏nanci͏ng r͏ound͏ l͏ed by UC Inclusive Credit. W͏ith...
Frendy raises $2 Million in funding round to boost tech and expand store network
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...
