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Rural commerce startup Rozana raises Rs 290 Cr in Series B led by Bertelsmann

EntrackrEntrackr · 7d ago
Rural commerce startup Rozana raises Rs 290 Cr in Series B led by Bertelsmann
Medial

Rural commerce startup Rozana raises Rs 290 Cr in Series B led by Bertelsmann Rural omnichannel retail platform Rozana has raised Rs 290 crore ($31.6 million) in a Series B funding round led by Bertelsmann India Investments. The round also saw participation from Fireside Ventures, US-based Spark Growth Ventures, Bikaji Family Office, FE Securities, and other family offices. The fresh capital will be used to strengthen the company’s technology infrastructure, broaden product categories, develop private label offerings, and deepen brand partnerships. Founded in 2021 by Ankur Dahiya, Adwait Vikram Singh, and Mukesh Christopher, Rozana operates a rural-focused omnichannel retail platform that combines a consumer-facing app with modern retail experience centres and its own distribution network. It runs over 75 retail experience centres and works with more than 35,000 women partners who act as last-mile fulfilment agents embedded within local communities. According to the company, it has expanded its hybrid commerce infrastructure to 21,000 villages across the Gangetic plains, a region home to over 50% of India’s rural population. It currently serves more than 1 million active households across Uttar Pradesh and Haryana. In its next phase of growth, Rozana plans to expand to over 200 stores and enter two to three additional northern states across the Gangetic belt. The company also aims to eventually reach 130,000 villages. India’s rural consumption market is estimated to exceed $2 trillion, with more than 200 million rural households spending upwards of Rs 20,000 per month across staples, FMCG, personal care, household goods, apparel, and discretionary categories. Rozana has raised nearly $60 million in funding to date. In March 2024, the company raised $22.5 million in a Series A round led by Bertelsmann India Investments with participation from Fireside Ventures and other investors. Prior to that, the startup raised $2.5 million in a pre-Series A round from 3one4 Capital and IEG Investment Banking Group in April 2022.

Rural commerce startup Rozana raises $22.5 Mn led by Bertelsmann India

EntrackrEntrackr · 2y ago
Rural commerce startup Rozana raises $22.5 Mn led by Bertelsmann India
Medial

Rural commerce startup Rozana has raised $22.5 million led by Bertelsmann India Investments (BII) with participation from Fireside Ventures and existing investors. Earlier 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 Group in April 2022. The new proceeds will be used to expand Rozana’s warehousing and logistics reach into new districts, enhance its technology platform, and ramp up hiring across technology, product and operations teams. Founded in 2021 by Ankur Dahiya, Adwait Vikram Singh, Mukesh Christopher and Prithvi Pal Singh, Rozana operates an e-commerce platform and logistics network focused on serving the needs of rural communities in India. The startup presently serves more than 12,000 villages across 13 districts in Uttar Pradesh and Haryana. Rozana has built a hyperlocal e-commerce model using village-based “peer partners” to make last-mile deliveries. This allows Rozana to offer rural customers convenience through delivery to their doorstep while keeping costs low. Currently, it has a network of over 18,000 peer partners, who can earn additional income through Rozana.

Rural commerce startup Rozana raises $22.5M in funding led by BII, others

IndianStartupNewsIndianStartupNews · 2y ago
Rural commerce startup Rozana raises $22.5M in funding led by BII, others
Medial

Rural commerce startup Rozana has secured $22.5 million in funding led by Bertelsmann India Investments (BII) to transform rural ecommerce in India. The company plans to use the funds to expand its warehousing and logistics capabilities, enhance its technology platform, and grow its team. Founded in 2021, Rozana operates across 13 districts in Uttar Pradesh and Haryana, utilising village-based "peer partners" for last-mile delivery. The company aims to empower rural India by providing essential goods to underserved markets and creating additional income opportunities for partners. The funding will also enable Rozana to collaborate with xto10x Technologies for warehouse design and expansion strategies.

Agritech startup Bharat Intelligence raises funding led by Sahyadri Farms

EntrackrEntrackr · 5m ago
Agritech startup Bharat Intelligence raises funding led by Sahyadri Farms
Medial

Snippets Agritech startup Bharat Intelligence raises funding led by Sahyadri Farms Agritech company Bharat Intelligence has raised Rs 7 crore in a pre-seed funding round led by Sahyadri Farms. The funds will be used to grow its team, strengthen its product, and scale operations across Western Maharashtra’s horticulture belts—embedding technology directly into the value chains of grape, banana, tomato, and pomegranate farmers. Co-founded in 2024 by Azhaan Merchant and Gourav Sanghai, Bharat Intelligence focuses on addressing the farm labour crisis. The company uses advanced AI to organise rural labour markets, giving farmers timely access to skilled crews and providing workers with steady, dignified jobs. Its platform predicts labour needs and connects farmers with crews through simple, vernacular interfaces. Bharat Intelligence embeds technology into rural workflows, capturing trust signals, seasonal rhythms, and community networks that conventional datasets often miss—ensuring AI serves the realities of India’s agrarian economy. “India’s economy is agrarian and deeply physical. To build AI for India, it must be embedded in rural life—attuned to the nuances of a handshake in a village market, the seasonal migration of workers, and the trust networks that govern transactions,” said Azhaan Merchant, Co-Founder & CEO. The company aims to solve urgent problems while laying the groundwork for long-term transformation. Bharat Intelligence sees the context layer as the missing building block for AI in India, ensuring artificial intelligence remains grounded in the lived reality of its billion users.

Wint Wealth raises Rs 250 Cr in Series B round

EntrackrEntrackr · 1m ago
Wint Wealth raises Rs 250 Cr in Series B round
Medial

Wint Wealth raises Rs 250 Cr in Series B round Debt investment platform Wint Wealth has raised Rs 250 crore (nearly $28 million) in a Series B funding round led by Vertex Ventures Southeast Asia & India. The round also saw participation from existing investors including Eight Roads Ventures, 3one4 Capital, Arkham Ventures, and Rainmatter. Last month, Entrackr had exclusively reported on the company’s Series B round and valuation. Prior to this round, Wint Wealth had raised about $22 million (Rs 173 crore) from investors including Eight Roads Ventures, Zerodha, 3one4 Capital, and Unitary Fund. The company last raised a $17 million Series A round. The proceeds will be used to scale the platform, expand product offerings, and strengthen its credit and compliance infrastructure. Wint Wealth is also expected to deepen partnerships with issuers and improve distribution of fixed-income products to retail investors. Founded in 2020, Wint Wealth allows retail investors to invest in fixed-income products such as corporate bonds, securitized debt instruments, and non-convertible debentures (NCDs) asset classes that were largely limited to institutional investors earlier. The firm operates as a SEBI-registered Online Bond Platform Provider, enabling individuals to access listed bonds digitally. The Bengaluru-based startup has been focusing on building a transparent and regulated marketplace for debt investments, as more retail investors look beyond equities and mutual funds for stable returns. Wint Wealth is yet to file its FY25 numbers. In FY24, the company posted Rs 17.2 crore operating revenue with a loss of Rs 18 crore. According to data compiled by Entrackr, Indian wealthtech startups raised over $634 million across 51 deals involving 39 startups during 2024 and 2025. However, the sector saw limited large-ticket rounds, with only six deals of $30 million or more.

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