# Ugaoo Agritech Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ugaoo-agritech-pvt

- Industry: Internet
- Headquarters: Pune, India
- Website: www.ugaoo.com
- Total disclosed funding: $5.7M
- Latest round: Series A (Oct 9, 2024)
- Investors on record: 5

## About

Ugaoo Agritech Pvt. Ltd. is a prominent online plant store in India, specializing in a wide array of gardening products and services tailored for both novice and seasoned gardeners.Founded in 2015 and headquartered in Pune, India, Ugaoo Agritech Pvt. Ltd. operates primarily as an online retailer of gardening products. The company was established by Siddhant Bhalinge, who has a background in entrepreneurship. Ugaoo has recently raised INR 470 mn in a Series A round led by V3 Ventures, with participation from DSG Consumer Partners and RPG Ventures. This funding round is the total amount raised by the company, with three investment deals recorded to date.Ugaoo offers a comprehensive selection of garden-related products aimed at gardening enthusiasts. The product range includes a variety of indoor and outdoor plants, seeds, organic fertilizers, premium pots and planters, and essential garden tools. Their Plant Parent Adventure Kit is particularly designed for beginners. Ugaoo caters to individual consumers as well as corporate clients seeking bulk orders, expanding their market reach beyond India to various international locations.In the financial year 2023, Ugaoo reported a revenue of INR 2,956,231.60 and an EBITDA of -INR 789,271.20. The company primarily generates revenue through direct-to-consumer sales on its online platform, offering both one-time purchases and subscription services for curated plant boxes.Following their recent funding round in November 2024, Ugaoo plans to enhance its regional presence in India and aims to establish 80 retail locations by FY30. The company also intends to expand its product portfolio through collaborations with global plant suppliers, leveraging the INR 470 mn raised to support these growth initiatives.

## Funding rounds

- Series A, Oct 9, 2024, $5.6M — DSG Consumer Partners, RPG Ventures, V3 Ventures, Chattarpati Apartments
- Series A, Jun 23, 2022, $0M — Alteria Capital

## Investors

- Alteria Capital (https://capitalatlas.ai/funds/alteria-capital) — Series A
- DSG Consumer Partners (https://capitalatlas.ai/funds/dsg-consumer-partners) — Series A
- RPG Ventures (https://capitalatlas.ai/funds/rpg-ventures) — Series A
- V3 Ventures — Series A
- Chattarpati Apartments — Series A