Frendy Bags Secures $2 Million in Funding for its Retail Store Network.

Frendy Bags Secures $2 Million in Funding for its Retail Store Network.

Frendydotin, a convenience store network, has successfully raised INR 16 Crores in a bridge round of funding. The startup intends to utilize the newly acquired funds to enhance its technology infrastructure, expand its network of stores, and diversify its range of private-label products. Established in 2019, Frendy operates an app that enables customers to place orders, leveraging established micro-stores such as kirana shops as last-mile distribution points.