The News Scroll 19 February 2020  Last Updated at 7:30 pm | Source: IANS

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

''GO DESi'' raises Rs 4.5 cr in Rukam Capital-led funding
outlookindia.com
1970-01-01T05:30:00+0530
''GO DESi'' raises Rs 4.5 cr in Rukam Capital-led funding

New Delhi, Feb 19 (IANS) 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."

--IANS

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Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: IANS
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