Get All Access for $5/mo

Ugaoo Raises INR 15 Crore In Pre-Series A The funds will be used to invest heavily in regional expansion, product enhancement and building a dream team

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Ugaoo

Ugaoo, a home gardening startup, has raised INR 15 crore in its pre-Series A funding. The round was led by DSG Consumer Partners and RPG Ventures.

Founded in 2015, the startup has seen a consistent growth of 120 per cent year-on-year. The company offers an array of products—live indoor plants, planters, kitchen garden seeds and plant care products—through its website as well as marketplaces such as Amazon, Flipkart, etc., said a statement.

"The plant and home gardening industry is estimated to grow at a CAGR of 50 per cent and reach a market size of $4 billion by 2025 in India. We plan to utilize the funds to expand our regional presence with hubs and garden centers in Bangalore, Delhi, Kolkata and collaborate with international plant companies to introduce a wider range of exotic plants and premium plant care products. In the last six years, Ugaoo has fulfilled more than a million orders and we aim to produce at least 500,000 plants in a month by the end of 2022," said Siddhant Bhalinge, founder of Ugaoo, in the statement.

"We are excited to partner with ugaoo on its mission to help people reconnect with nature. Plant parenting is on the rise and the category has massive growth potential. Ugaoo has the potential to be the category-defining brand by solving customer pain points thoughtfully with a digital-first approach," said Hariharan Premkumar, head of India, DSG Consumer Partners.

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Business News

Meta Makes $1 Million Dollar Donation to Donald Trump's Inaugural Fund

Meta CEO Mark Zuckerberg also reportedly gave Trump a pair of Ray-Ban Meta smart glasses.

Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

Starting a Business

They Bought an Ice Cream Truck Off eBay for $5,000. Now Their Company Has 70 Shops and Sells Treats in Over 12,000 Stores.

For the episode of "The Founder CEO," the co-founder and CEO of Van Leeuwen Ice Cream explains how one ice cream truck grew into a successful nationwide brand.

Growing a Business

How Connecting With the Right Audience Drives Long-Term Business Success

Here's how targeted lead generation can help you unlock higher conversions, stronger brand loyalty and scalable growth.

Leadership

Should I Stay or Should I Go? 8 Key Points to Navigate the Founder's Dilemma

Here are eight key signs that help founders determine whether to persevere or let go.

Marketing

Your Most Powerful Marketing Weapon Is Hiding in the Finance Department — Here's Why

Transform your marketing leadership by turning finance from a barrier into a strategic ally. Learn how aligning with your finance team can drive unprecedented growth and innovation.