Tech
Amwoodo raises $4 million from Rainmatter, others
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Nithin Kamath-backed Amwoodo, a Kolkata-based sustainable startup, has raised $4 million or about Rs 35 crore from multiple investors such as Adventz and Caspian as it looks to double its revenue this year.
Kamath’s Rainmatter has put in $2 million while Adventz, Caspian and Singapore’s ThinKuvate have invested $2 million between them, Amwoodo founder and chief executive Agni Mitra told ET.
The Kolkata-based firm, a producer of bamboo-based alternatives to single-use plastics, is looking to double its revenue to about Rs 100 crore this financial year…
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