The New Delhi-based agency will use the funds to broaden its warehousing and logistics operations into new districts, enhance its know-how platform and strengthen its workforce throughout know-how, product and operations.
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Early-stage enterprise fund 3one4 Capital is amongst its early backers.
Based in 2021 by Ankur Dahiya, Adwait Vikram Singh, Mukesh Christopher and Prithvi Pal Singh, Rozana runs an e-commerce platform and logistics community targeted solely on rural India. It operates in about 12,000 villages throughout 13 districts in Uttar Pradesh and Haryana.
“With this funding, we’ll proceed constructing out our logistics and provide chain infrastructure to succeed in new districts and empower rural communities with entry to important merchandise,” stated Ankur Dahiya, CEO, Rozana.
The corporate has a community of about 18,000 last-mile companions comprising village residents, about 90% of them being girls.
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Rozana can even be working with Flipkart co-founder Binny Bansal’s startup xto10x, a consulting platform for development stage corporations. The partnership will give attention to features reminiscent of warehouse design, last-mile supply, know-how and launching new product classes.Rohit Sood, associate at Bertelsmann India Investments, stated the chance in rural India is enormously underappreciated and the Rozana workforce is the best one to unlock it. “The chance to create significant influence in thousands and thousands of lives excites us and we’re thrilled to associate with Rozana on this journey,” he stated.
In April 2022, the corporate raised $2.5 million in a funding spherical co-led by 3one4 Capital and Europe’s IEG – Funding Banking Group.
