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Eco-friendly e-commerce platform OneGreen raised $1.5 Million in its Pre-Sequence funding spherical led by Enterprise Catalysts, India’s 1st built-in startup incubator. The spherical additionally noticed participation from Sandhar Expertise, Shoumyan Biswas (Ex-Flipkart) Sunil Kamath (CBO, Koo), Varun Duggirala (Founder Glitch), and Varun Laul (Board member,XpressBee).
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“Enabling companies which might be pushed by the pursuit to make a distinction within the lives of individuals is the necessity of the hour. OneGreen presents a possibility to create a holistic influence on India with distinctive choices which might be eco-friendly, acutely aware, and cater to the reason for making a future that’s cooperative, sustainable, and accountable. We sit up for leveraging our assets and experience to develop OneGreen into one of many largest e-commerce platforms for verified well being & wellness merchandise,” shared Dr. Apoorva Ranjan Sharma, Founder, Enterprise Catalysts on main the spherical.
Ranked because the World’s No.2 Early Stage Investor by Crunchbase, 2016 established Enterprise Catalysts has its presence throughout 47 Indian cities and worldwide areas reminiscent of Canada, Hong Kong, Singapore, UAE, UK, and USA. The entity invests in ₹2-15 crore vary for startups via HNIs, Household Places of work, CXOs, and so on.
OneGreen was based by Abhijit Bhattacharya, Chief Enterprise Officer and Neha Gahlaut, Chief Progress Officer in 2020 and has since its inception been catering to greater than 18,000 merchandise throughout 500+ manufacturers. The thought behind the enterprise is to supply 100% eco-friendly and sustainable merchandise in fundamental classes reminiscent of groceries, breakfast necessities, snacks, drinks, house care, youngsters, and so on. OneGreen’s merchandise are vegan, gluten-free, free from toxins, free from preservatives, cruelty-free and eco-friendly.
“Inexperienced-living has already grow to be the subsequent huge alternative and focus of enterprise operations globally. As a model that has pioneered the idea of an unique platform for green-only, acutely aware and sustainable merchandise, OneGreen is now set to enter the subsequent part of progress with this funding spherical. By way of our customer-centric method, we intention to grow to be the enabler of a mass motion towards sustainable residing within the instances to come back. The funding will even assist us widen our market attain and protection and supply a platform to manufacturers which might be centered on leaving a greater planet for our future generations,” stated Neha Gahlaut, Co-Founder & Chief Advertising & Progress Officer, OneGreen.
With the raised funds, OneGreen will use its proprietary OneGreen Index to intention at widening and strengthening its market attain and making a holistic-transparent ecosystem to cater to Indian shoppers.
