Proud to see my 24th and the latest investment Rural Basket 5th outlet in Virudhachalam! Congrats Thirunelveli entrepreneur Palani Rajan and Nativelead leads Vijayan Subramanian , Erode chapter, Ravi Sundarm, Aruna Subramaniam Chennai chapter
This makes my 8th agri/food related investment – Farmers Fresh Zone, Lumiere Organic, FreshWorld., Happy Hens Carbon Masters Carbonlite Organic Fertilizers, UzhavarBumi® – Chennai’s Award Winning Milk Service, Nativespecial.
10th investment of NATIVELEAD FOUNDATION Good work Sivarajah Ramanathan steering the ship steadily on its mission – Enable, Nurture, Incubate, Invest ! Promoting non-metro entrepreneurs ashok kannan Manjunath Marappan Baskaran V Parthiban Veluchamy Vetri Vel Selvakumar Varadharajan while providing opportunity to our Angels to invest in 4 bigger deals – SP Robotic Works Robotic Works, Ffz, FreshWorld, Carbon Masters
நேட்டிவ்லீட் பவுண்டேஷன் இடமிருந்து ரூ.50 லட்சம் நிதி பெற்ற நெல்லை ஸ்டார்ட் அப் ‘RuralBasket’ https://lnkd.in/gDUq9Spr
RuralBasket raises rupees ₹5 million from Nativelead Foundation
RuralBasket, a Tamil Nadu-based farm-to-home, online, traditional grocery company, on Tuesday announced that it has raised 50 lakhs from Nativelead Foundation.
The funding will help the company increase its footprint to 22 retail outlets across the State by 2022, RuralBasket said in a press release. The company will also expand its product offerings with the new round of funding along with strengthening its brick-and-mortar model, it added.
“We started RuralBasket in 2017 with an aim of bringing farmers and consumers one step closer to each other. We want to be a one-stop shop that offers these products by cutting down middlemen and also empower consumers with the knowledge of produce that they consume,” Palani Rajan, CEO of RuralBasket, was quoted in the statement.