Confectionary brand GO DESi raises seed funding led by Lead Angels Network, others

Date posted: Friday 2 November 2018

Bengaluru-based startup GO DESi has raised Rs 1 crore in funding led by Lead Angels Network headquartered in Mumbai with participation from other angel Investors including serial entrepreneur R Ramaraj, whose last stint was at Sify as the Cofounder & CEO. The capital will help the company aggressively expand its sales and distribution into other metro cities as well as strengthen the back-end supply chain. GO DESi is a packaged confectionery brand inspired by local, regional formats and flavours entirely manufactured at micro units set up by women entrepreneurs, farmer cooperatives and SHG in rural and semi urban areas.

(Economic Times)