Frendy
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Organization
Contact Information
Overview
Frendy is building a customized convenience store (CVS) network for smaller towns & rural India. Frendy’s hub & spoke model consists of neighbourhood convenience Marts which are digitally connected to a cluster of Micro stores & end customers via a mobile app. In less than 3 years Frendy has built 12 Marts & a network of 2000+ Micro stores to serve over 50,000 families in 40 towns of Gujarat with 82 Cr in Revenue & a portfolio of 250 Private Label SKUs. Frendy is headquartered in Ahmedabad with a 100 member team.
About
Industries
E-Commerce, Retail
Founded
2019
Employees
51-100
Headquarters locations
India, Asia
Social
N/A
Profile Resume
Frendy headquartered in India, Asia, operates in the E-Commerce, Retail sector. The company focuses on E-Commerce and has secured $207.2M in funding across 32 round(s). With a team of 51-100 employees, Frendy is actively contributing to advancements in E-Commerce. Their latest funding round, Debt Financing - Frendy, raised $239.3K. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
4
Investors
1
Lead Investors
0
Total Funding Amount
$6.5M
Details
2
Frendy has raised a total of $6.5M in funding over 2 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2021 | Seed | 1.3M | ||
| 2022 | Early Stage Venture | 3.0M |
Investors
Frendy is funded by 27 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| Frendy | - | FUNDING ROUND - Frendy | 1.9M |
| Sattva Group | - | FUNDING ROUND - Sattva Group | 1.9M |
| Frendy | - | FUNDING ROUND - Frendy | 239.3K |
| UC Inclusive Credit | - | FUNDING ROUND - UC Inclusive Credit | 239.3K |
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