OneGreen, an ecommerce market for ethical, ecological, and environmentally friendly goods, raised $1.5 million in pre-Series A fundraising, according to Venture Catalysts, an early-stage investment platform for entrepreneurs.
OneGreen will use the funds received to fund its upcoming expansion phase and increase the accessibility and availability of conscious goods across various categories, including groceries, breakfast essentials, beverages, and snacks.
Speaking on securing the funding round, Neha Gahlaut, Co-Founder & Chief Marketing & Growth Officer, OneGreen, said, “Green-living has already become the next big opportunity and focal point of business operations globally. As a brand that has pioneered the concept of an exclusive platform for green-only, conscious and sustainable products, OneGreen is now set to enter the next phase of growth with this funding round. Through our customer-centric approach, we aim to become the enabler of a mass movement toward sustainable living in the times to come. The funding will also help us widen our market reach and coverage and provide a platform to brands that are focused on leaving a better planet for our future generations.”
Family offices (such as Sandhar Technology) and renowned investors, such as Varun Duggirala (Founder Glitch), Sunil Kamath (CBO, Koo), Shoumyan Biswas (ex-CMO of Flipkart and CMO of Tata Digital), Varun Laul (Board, XpressBees), as well as strategic investors from BYJU’s and other unicorns, participated in the investment.
On leading the pre-series funding round, Dr Apoorva Ranjan Sharma, Founder of Venture Catalysts, said, “Enabling businesses that are driven by the pursuit to make a difference in the lives of people is the need of the hour. OneGreen presents an opportunity to create a holistic impact on India with unique offerings that are eco-friendly, conscious, and cater to the cause of creating a future that is cooperative, sustainable, and accountable. We look forward to leveraging our resources and expertise to grow OneGreen into one of the largest e-commerce platforms for verified health & wellness products.”