HomeInsightFUNDING NEWS- Newly Funded Startups 2024 Rural Commerce Platform Rozana Secures $22.5 Mn Led by Bertelsmann India

[Funding alert] Rural Commerce Platform Rozana Secures $22.5 Mn Led by Bertelsmann India

Rural Commerce Platform Rozana Secures $22.5 Mn Led by Bertelsmann India | Startup news | Funding News | VIESTORIES

With the help of Fireside Ventures, current investors, and Bertelsmann India Investments (BII), the rural commerce firm Rozana has secured $22.5 million.

The additional funds will be utilized to improve Rozana’s technological platform, hire more people for its business, product, and technical groups, and extend the company’s reach into additional areas for storage and logistics.

Read also – [Funding alert] Fraud Detection Platform IDfy Raises $27 Mn Series E Funding

The first rural internet marketplace, Rozana.in, provides differentiated delivery options based on the type of goods that needs to be delivered.

Currently, the firm operates in 13 districts in Uttar Pradesh and Haryana, serving over 12,000 communities.

Rozana.in strives to achieve a balance between the consumer, producer, and profits by bringing significant and dignified changes in the supply chain, wherein it empowers small and large-scale farmers by providing them better access to online food shopping markets.

About Rozana

Founded in 2021 by Ankur Dahiya, Adwait Vikram Singh, Mukesh Christopher and Prithvi Pal Singh, Rozana.in is a rural commerce platform. The company is light on inventory and is using AI to leverage supply chain solutions.

Read also – [Funding alert] Hack2Skill Secures $1 Mn Debt and Equity Funding

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