FMCG company Meolaa raises $6 Mn led by General Catalyst

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Meolaa, an end-to-end technology-powered FMCG company, has secured $6 million in pre-Series A funding round led by General Catalyst along with participation from Claypond Capital, Colossa Ventures, Kunal Shah, Turbostart Global and other existing investors.

Prior to this, the Bengaluru-based startup had raised $4.43 million in a seed funding round from Manipal Group and others.

The proceeds will be utilized for AI and data science infrastructure, brand expansion, and operational agility and scale, Meolaa said in a press release.

Launched in 2023 by…



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FMCG company Meolaa raises $6 Mn led by General Catalyst


Meolaa, an end-to-end technology-powered FMCG company, has secured $6 million in pre-Series A funding round led by General Catalyst along with participation from Claypond Capital, Colossa Ventures, Kunal Shah, Turbostart Global and other existing investors.

Prior to this, the Bengaluru-based startup had raised $4.43 million in a seed funding round from Manipal Group and others.

The proceeds will be utilized for AI and data science infrastructure, brand expansion, and operational agility and scale, Meolaa said in a press release.

Launched in 2023 by…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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