Urban gardening firm Ugaoo raises $5.6m series A

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Ugaoo, an Indian houseplants and urban gardening company, has raised US$5.6 million in a series A funding round led by V3 Ventures.

DSG Consumer Partners and RPG Ventures also participated in this investment.

Ugaoo plans to use the funds to expand its operations. It aims to open 80 retail stores in ten major Indian cities by FY 2030.

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