Meolaa, an ecommerce platform, bagged USD 2 million on Tuesday in its seed funding round.
Meolaa, a digitally-native sustainable consumer products ecommerce platform, has raised USD 2 million in its seed funding round. The funding round was led by Turbostart.
Ganesh Raju, Founder, Turbostart says “Current trends show that Generation Z prioritizes sustainable buying decisions over brand names, making a compelling case for the platform’s potential. Beyond financial support, Turbostart is strategically poised to aid Meolaa’s global expansion, with a specific emphasis on regions including the Middle East & Africa, the United States, and Singapore. Ishita, a young and exceptionally talented entrepreneur, has demonstrated remarkable business acumen and we are truly impressed by her vision and passion, giving us another reason to invest in Meolaa. We are excited to join her on this incredible journey.”
Ishita Sawant, Founder of Meolaa, said, “Meolaa’s Seed funding is a stepping stone in our journey towards a world where all choices are sustainable choices. We aim to enable customers to shop with confidence knowing everything you buy from us is good for you, your family, and the planet. We are excited to partner with Turbostart to accelerate our journey towards empowering a sustainable revolution through our marketplace of 1500+ vetted brands. We plan to deploy these funds towards building our team for our next stage of growth, establishing Meolaa as the trusted platform for sustainable consumer products, and enabling thousands of happy customers to build a healthier life.”
Earlier, the ecommerce startup bagged pre-seed funding from Ranjan Pai of Manipal Education and Medical Group, Dale Vaz, Ex- CTO of Swiggy, Sixth Sense Ventures Founder and CEO Nikhil Vora, Lighthouse Funds founder Sachin Bhartiya and StrongHer Ventures.
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