Monday, November 25, 2024

Frendy

Frendy plans expansion with 300 marts and 10,000 micro kiranas, targets INR 500 Cr revenue by 2026

Startups
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...

Grocery chain startup Frendy Aims for INR 100 Crore in Six Months with Mini Mart Expansion

Startups
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...

Budget 2024-25: What the Food and FMCG Industry Really Wants

News
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

Startups
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

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...

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