HomeInsightFUNDING NEWS- Newly Funded Startups 2024 Cannarma Secures Undisclosed Amount in Pre-Seed Round led by Praveen Kaushik

[Funding alert] Cannarma Secures Undisclosed Amount in Pre-Seed Round led by Praveen Kaushik

Cannarma, India’s Ultra Premium Cannabis-based-Products company, has raised undisclosed funding in a pre-seed round, led by Praveen Kaushik, the founder of Zero to One Fund. Amity Innovation Incubator additionally joined the startup in the latest funding.

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The fundingraised will go toward a number of expansion plans, such as interacting with current clients, entering new markets, and developing technology. The company intends to increase its footprint in more than 10,000 pharmacies, clinics and hospitals throughout India.

Read also – [Funding alert] Mahendra Singh Dhoni Invests in Fitness Startup Tagda Raho

About Cannarma

Founded by Rohit Chauhan and Keshav Agarwal in 2022, Headquarter in Delhi, Cannarma uses Therapeutic & Medicinal-grade Formulation developed and approved by a scientific board of Researchers, Ayurveda-Experts, Doctors, Pharmacists and Biologists. Cannabis-based products are manufactured from natural-grown Cannabis-landraces in the Northwestern and Eastern Himalayas Region of India.

Read also – [Funding alert] Jodaro Raises $750K Funding in Seed Round led by Fundamental VC

Team VS

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