Phool.co is perhaps India’s first new-circular economy startup to raise a US$1.4 Million round IAN fund invests US$1.4 Million in IIT Kanpur backed startup Phool.co, that has pioneered the flowercycling technology to upcycle cellulose waste and specializes in manufacturing charcoal-free luxury incense sticks from temple flowers With Deep-tech research, the startup has successfully developed a commercially viable alternative to Animal leather called “Fleather” Phool.co, an IIT Kanpur backed biomaterial startup, today announced that it has raised US$1.4 Million in a pre-Series A funding round. The funding round was led by IAN Fund and San Francisco based, Draper Richards Kaplan Foundation. Founded by engineering graduates, Ankit […]Author: IndianWeb2 Desk
Source : https://www.indianweb2.com/2020/08/27/ian-fund-invests-1-4-mn-in-iit-kanpur-backed-startup-phool-co/
Date : 2020-08-27T09:30:11.000Z