Ratan Tata-backed Cannabis startup Bombay Hemp raises $2 Mn
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Ratan Tata-backed Bombay Hemp Company (Boheco) has raised USD 2 million (about Rs 15 crore) from the family offices of Achin Kochar of the Vi-John Group, Riteesh Mohan Bakshi and Raghav Mohan Bakshi. The startup supplies premium hemp (cannabis/ marijuana) leaf extract and industrial hemp products. Bombay Hemp is the country's first startup studying the medical use of hemp.