Rozana, a rural commercial startup, has raised $22.5 million in a funding round led by Bertelsmann India Investments (BII) with participation from Fireside Ventures and existing investors.
Founded in 2021 by Ankur Dahiya, Adwait Vikram Singh, Mukesh Christopher and Prithvi Pal Singh, the company will use the funding to expand Rozana's warehousing and logistics reach to new districts and expand its technology platform. We plan to strengthen and drive hiring across technology, products and operations. team.
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The company operates an e-commerce platform and logistics network focused on rural India. It is active in around 12,000 villages in his 13 districts of Uttar Pradesh and Haryana.
Ankur Dahiya, Rosana CEO We will continue to provide access.”
The company currently serves over 12,000 villages in 13 districts of Uttar Pradesh and Haryana. The company has a network of about 18,000 last-mile partners made up of village residents, about 90% of whom are women.
“The opportunities in rural India are highly underrated and this team is the ideal team to unlock it. The service produced by Ankur, Adhwaite and Mukesh is outstanding and this It's hard to find a company that is so loved by consumers,” said Rohit Sood, partner at Bertelsmann India Investments. “We are excited about the potential to meaningfully impact millions of lives and are excited to partner with Rosana on this journey,” he added.
Rosana will work closely with Binny Bansal's xto10x to build India's fastest growing rural commercial company. xto10x is committed to a long-term partnership with Rozana on warehouse design, last-mile delivery, technology, category launches, and more.
The company has raised $2.5 million in a funding round co-led by 3one4 Capital and Europe's IEG (Investment Banking Group).
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