Village Commerce Startup 1Bridge Raises $2.5 Million From C4D Partners & Others
Building on the momentum generated through the COVID-19 pandemic with positive tailwinds for the village-tech sector in India, Bengaluru-based village-tech enterprise RubanBridge Pvt. Ltd (1Bridge), a last-mile supply chain & distribution network focusing on the villages in rural India, has raised USD 2.5 million in a fresh round of funding.
The funding was led by Netherlands-based impact investor C4D Partners, an early investor since the last 4 years, who firmly reaffirmed its support to 1Bridge and its management team by doubling its commitment.
The funding round also included participation from new investors such as KAAJ Ventures (venture fund of Silicon Valley-based serial entrepreneur and prolific angel investor BV Jagadeesh), angel investors like Prashanth Prakash, Founding Partner of Accel Partners; Puneet Jetli, technopreneur and co-founder of Happiest Minds and Aradhana D Chatterjee, a seasoned PE/VC executive.
Photo courtesy of Simone McCourtie – World Bank Photo Collection.