Home gardening startup Ugaoo raises Rs 47 crore
The Pune-headquartered company, which notched a profit at the operating level last fiscal, will use the funds for expansion activities including having a presence in top 10 cities and open 80 retail stores by FY30.
It operates from a 25-acre farm near Talegaon on the outskirts of Pune and is planning to expand to 100 acres in the next two years on high demand.