Rural commerce startup Rozana has raised $22.5 million led by Bertelsmann India Investments (BII) with participation from Fireside Ventures and existing investors.
Prior to this round, the startup had raised $2.5 million in its pre-Series A round from 3one4 Capital and Europe’s IEG – Investment Banking Gathering in April 2022.
The new returns will be utilized to expand Rozana’s warehousing and coordinated factors venture into new regions, improve its technology stage, and increase employing across technology, item and tasks groups.
Established in 2021 by Ankur Dahiya, Adwait Vikram Singh, Mukesh Christopher and Prithvi Pal Singh, Rozana works a web based business stage and planned operations network focused on serving the necessities of rural networks in India.
The startup by and by serves in excess of 12,000 towns across 13 regions in Uttar Pradesh and Haryana.
Rozana has constructed a hyperlocal online business model utilizing town based “peer partners” to make last-mile conveyances. This permits Rozana to offer rural customers accommodation through conveyance to their doorstep while minimizing expenses. As of now, it has an organization of more than 18,000 companion partners, who can procure extra pay through Rozana.
