Ugaoo Secures INR 47 cr Series A Funding From V3 Ventures

Urban gardening startup, Ugaoo has secured INR 47 crore in Series A funding led by V3 Ventures, DSG Consumer Partners, and RPG Ventures.

In order to meet the growing demand, the company plans to increase production to 5 lakh plants per month with the funding and reach 100 acres of manufacturing capacity in the following two years.

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Through its website, app, and nine locations in Bengaluru, Mumbai, and Pune, Ugaoo provides both online and physical client service throughout India. Additionally, its items are offered via e-commerce sites like Zepto, Swiggy, and Blinkit, as well as online marketplaces like Amazon and Flipkart.

By collaborating with foreign plant suppliers, bringing a wide range of exotic plants and high-end plant care items to the Indian market, and strengthening its web presence, it also intends to increase the range of products it offers.

In November 2021, the business raised $2 million in its pre-Series A financing.

About Ugaoo 

Founded by Siddhant Bhalinge, Ugaoo is India's largest and most trusted online plant nursery and gardening store.

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