Jaipur-based rural distribution startup Frontier Markets has raised close to $2.25 million, as a part of its pre-series A financing round, led by ENGIE Rassembleurs d’Energies, French electric utility firm ENGIE’s venture arm, The Rise Fund and The Singh Family Trusts (advised by Artha Impact).
Teja Ventures and affiliates of Beyond Capital Fund also participated as a part of this round.