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

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...

Adani Welspun Exploration Seeks To Acquire Shale, Oil Sand Assets Overseas

Adani Welspun Exploration Seeks To Acquire Shale, Oil Sand Assets Overseas

Adani Welspun Explorations, a JV between Ahmedabad based Adani Group and Mumbai based Welspun Group, is planning to acquire shale and oil sands assets in the US and Canada.

Read More...