Congratulations to Ugaoo on the successful closure of their Series A round, led by V3 Ventures with participation from internals DSG Consumer Partners and RPG Ventures. We first partnered with Siddhant and the Ugaoo team in 2022, and have witnessed the company's strong growth, execution and dedication to their vision of making India greener, one plant at a time! Team Alteria: Ankit Agarwal, Vivek Pillai and Janhavi Jasani
Building Ugaoo 🌱 | On a mission to inspire a world where every plant journey is a personal revolution of inner change and growth.
With a great sense of pride and excitement, I am happy to announce that Ugaoo has raised a Series A round of 47 crores INR. The round was led by V3 Ventures, and our existing investors DSG Consumer Partners and RPG Ventures both have doubled down in this round looking at the stellar growth trajectory and execution prowess of the company. None of this would have been possible without the unwavering love and trust of millions of customers who continue to choose us, time and again. The past six months have been nothing short of a rollercoaster ride for me, and this milestone is a direct result of the hard work, dedication, and support from all the team members at Ugaoo. Of course, every journey has its ups and downs, but I am deeply grateful for our existing investors who have stood by us every step of the way. A heartfelt thank you to V3 Ventures for coming on board and believing in our mission to make India greener, one plant at a time. This funding marks a major milestone in our journey, and it’s only the beginning. From our start in 2015 as a small seed, we’ve grown into a sapling, and now, with this fresh capital, we are ready to branch out and become a full-grown tree. Here’s how we plan to use this funding to fuel our growth: 1. Deeper Roots: We’ll focus on strengthening our core foundations—improving infrastructure, innovating in production and packaging, and enhancing backward integration to raise the bar on quality. 2. Thicker Trunk: Our team is the heart of Ugaoo, and we’ll continue to add passionate plant people to our ranks. Together, we will grow stronger and more resilient, transforming from a stem to a robust trunk. 3. Denser Branches: We aim to expand our supply chain and build a denser network across India, enhancing our customer experience and making Ugaoo more accessible to plant lovers everywhere. 4. Wider Canopy: With this funding, we’ll expand our reach to more cities and towns, opening new stores and ensuring we’re available in even the most remote corners of India. After nearly 8 years in the business, today still feels like Day One for us. The energy here at Ugaoo has never been higher, and we are more motivated than ever. There’s still so much to do, so much to improve, and a lot more to achieve. Together, we will continue to make India greener, one plant at a time. 💚 Arjun Vaidya Abhiram Bhalerao Deepak Shahdadpuri Hariharan Premkumar Pooja Shirali Kunjan Chikhlikar Saurabh Sameer Zahra Khan
Congrats Ankit Agarwal!! Good one.. love their plants:)
Building Ugaoo 🌱 | On a mission to inspire a world where every plant journey is a personal revolution of inner change and growth.
2wThank you so much guys! You guys have backed us in the most crucial phase of growth and I’m grateful for all the support and advice given on business. The true fertilizer to the Ugaoo plant 🙌