Venture Catalysts disclosed that it had led a $1.5 Mn pre-series funding round for OneGreen, the biggest online retailer of ethical, environmentally friendly goods.
OneGreen will use the cash to move into its next stage of development and enhance accessibility and availability of ethical goods in a variety of categories, including groceries, breakfast necessities, snacks, beverages, home care, and much more, as per reported by IndianWeb2.
Known family offices like Sandhar Technology and notable investors like Varun Duggirala (Founder Glitch), Shoumyan Biswas (Ex-CMO Flipkart), Sunil Kamath (CBO, Koo), Varun Laul (Board, XpressBees), and strategic investors from BYJU's and other unicorns also took part in the investment round.
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On leading the pre-series funding round, Dr. Apoorva Ranjan Sharma, Founder, Venture Catalysts said, “Enabling businesses that are driven by the pursuit to make a difference in the lives of people is the need of the hour. OneGreen presents an opportunity to create a holistic impact on India with unique offerings that are eco-friendly, conscious, and cater to the cause of creating a future that is cooperative, sustainable, and accountable. We look forward to leveraging our resources and expertise to grow OneGreen into one of the largest e-commerce platforms for verified health & wellness products.”
Abhijit Bhattacharya and Neha Gahlaut founded OneGreen, the biggest online marketplace in Asia for all things pure, secure, hygienic, green, sustainable, and organic.
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Speaking on securing the funding round, Neha Gahlaut, Co-Founder & Chief Marketing & Growth Officer, OneGreen said, “Green-living has already become the next big opportunity and focal point of business operations globally. As a brand that has pioneered the concept of an exclusive platform for green-only, conscious and sustainable products, OneGreen is now set to enter the next phase of growth with this funding round. Through our customer-centric approach, we aim to become the enabler of a mass movement toward sustainable living in the times to come. The funding will also help us widen our market reach and coverage and provide a platform to brands that are focused on leaving a better planet for our future generations.”
About OneGreen
OneGreen is Asia’s largest one-stop shop/marketplace for everything pure, safe, natural, and sustainable. Its categories range from personal care, baby care, groceries, intimate hygiene, sexual wellness, home care, responsible apparel, and clothing.
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