India: Agri processor LEAF raises Series B funding from Bestseller Foundation, Unitus Impact

Lawrencedale Agro Processing Pvt. Ltd (LEAF) Monday said it has secured investment in a Series B round from US-based venture capital fund Unitus Impact and Denmark-based BESTSELLER Foundation. The Ooty-based start-up, backed by the investment arm of Soros Economic Development Fund, did not disclose the amount raised.

The company said in a statement that it will utilise the money to expand its presence across South India and engage within a significant larger number of horticulture belts.

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