022 24172311
Sections
Search
DealCurry
Equity
Venture Capital
Private Equity
M&A

Banner
DataBoard Demo
Venture Capital | 5 October 2011

Rural Marketing Startup-Frontier Markets Raises Funding From Seedfund

by Irfan Khan
Rural Marketing Startup-Frontier Markets Raises Funding From Seedfund
Share on Social Media Email Facebook Twitter Linkedin
 
@irfan
Jaipur based rural marketing and distribution startup - Frontier Markets has raised first round of funding from Seedfund.

Frontier Markets will use the funds to set up a sustainable and scalable sales and servicing network in Rajasthan.

Frontier was founded by Ajaita Shah. She has 5 years of microfinance experience in India with organizations like SKS Microfinance, and Ujjivan Financial Services.

Frontier has partnered with Saral Jeevan, to set up its first branch in Chomu, near Jaipur, and is initially focusing on solar lighting products for rural households in the Jaipur district.

Seedfund invests in media, mobile, internet, retail and consumer-facing businesses. Earlier thie year, it invested $2.2 Mn in Mumbai-based Jeevanti Healthcare Private Limited.

Its other portfolio companies include RedBus.in. CarWale, Neevales, EduSports, Jeevanti, Thinklabs, among others. Paula Mariwala - part of the founding team of Seedfund is on the advisory board of Frontier Markets.


Tilaknagar Industries Acquires Punjab Expo Breveries

Tilaknagar Industries Acquires Punjab Expo Breveries

Tilaknagar Industries has acquired 100% stake in Punjab Expo Breveries.

Read More...

Druva raises $51m from Sequoia, EDBI and others

Druva raises $51m from Sequoia, EDBI and others

Sunnyvale, California-based Druva Inc., a cloud-first data protection solution provider, announced receiving $51 million in funding. This round of funding was led by existing investor Sequoia India, along with participation of new investors such as Blue Cloud Ventures, Hercules Capital, and Singapore-based EDBI. Existing investors like Japan’s NTT Finance (financial arm of Japanese telecommunications company Nippon Telegraph and Telephone Corporation), Nexus Venture Partners and Tenaya Capital also contributed to this round.

Read More...
Subscribe
Enter your Email address
to receive all the news