Categories: Business

‘GO DESi’ raises Rs 4.5 cr in Rukam Capital-led funding

'GO DESi' raises Rs 4.5 cr in Rukam Capital-led funding
New Delhi, Feb 19 (SocialNews.XYZ) Bengaluru-based packaged food start-up 'GO DESi' has raised Rs 4.5 crore in the companys second round of funding led by Rukam Capital, a Go DESi statement said on Wednesday.

It also said that the other investors who participated in the round were AngelList and Upaya Social Ventures.

"The current round of funding will help the company expand operations, launch a larger portfolio of products and spread geographically," it said.

 

The previous funding round initiated by GO DESi was in September 2018.

GO DESi founder Vinay Kothari said: "Our growth in the last two years has shown the consumer acceptability of DESi flavours and formats at the point of sale. Convenient price points have helped us generate quick trials and adoptions in both online and offline channels."

Source: IANS

Facebook Comments

About Gopi

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.

He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.

When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.

He can be reached at gopi@socialnews.xyz

Share