Fraazo raises $50 million in fresh funding round
Online vegetable and fruit seller Fraazo has raised USD 50 million (around Rs 377 crore) in a fresh round of funding. The investment enables Fraazo to strengthen its fulfilment network, as it prepares for a multi-city launch across India.
Currently, Fraazo operates in Mumbai and Hyderabad, delivering an order every three seconds, the company claimed. Source: Reuters