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Ugaoo raised Rs 47 Cr in a Series A funding round led by V3 Ventures to expand its regional presence and open 80 retail stores across India by FY 2030.

PRIVATENov 12, 2024

Amount Raised

₹470 Million

Round Type

Series A

PuneAgriculture and FarmingRetailHome And Garden

Investors

DSG Consumer PartnersRPG VenturesV3 Ventures

Description

Ugaoo has secured Rs 47 crore in its Series A funding round led by V3 Ventures, with participation from DSG Consumer Partners and RPG Ventures. The company plans to utilize the funds to expand its presence in top Indian cities and broaden its product offerings with exotic plants and premium care products.

Quick answer

Ugaoo raised ₹470 Million in a Series A round, dated November 12, 2024. Investors: DSG Consumer Partners, RPG Ventures and V3 Ventures. Ugaoo is based in Pune, Maharashtra, India.

How much did Ugaoo raise?
Ugaoo raised ₹470 Million in a Series A round on November 12, 2024.
Who invested in Ugaoo?
DSG Consumer Partners, RPG Ventures and V3 Ventures are named as investors in this round.
What does Ugaoo do?
Ugaoo is an urban gardening company founded in 2015 that specializes in a wide range of gardening products, including live plants, seeds, soils, and gardening tools.
Where is Ugaoo based and how big is it?
Ugaoo is based in Pune, Maharashtra, India. Fundz records about 123 employees.
Who are the decision-makers at Ugaoo?
Fundz holds 4 contacts at Ugaoo. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Agriculture and Farming and Retail around the same time

Companies in the same sectors as Ugaoo that raised within 45 days of this round, from Fundz verified event records.

  • HomeRoots raised $372K on December 20, 2024.
  • Wooden Street raised $42M (Series C) on December 7, 2024.
  • Rosy Soil raised $3.6M (Seed) on December 4, 2024.
  • Furnishka raised $3.2M (Pre-Series A) on October 3, 2024.
  • Movêu raised $550K (Seed) on September 28, 2024.
  • One Golden Thread raised $200K on December 26, 2024.

Who to call at Ugaoo, and when

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Company Information

Company

Ugaoo

Location

Pune, Maharashtra, India

About

Ugaoo is an urban gardening company founded in 2015 that specializes in a wide range of gardening products, including live plants, seeds, soils, and gardening tools. The company aims to broaden its product offerings and expand its retail presence across India. Ugaoo has demonstrated significant growth, increasing its revenue from Rs 24 crore in FY23 to Rs 63 crore in FY24. With plans to scale production and enhance its digital business, Ugaoo is well-positioned to capitalize on the growing Indian home and garden market.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Ugaoo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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