Ecozen bags $10 Mn in new tranche

11:00:00 PM, Tuesday 27th of December 2022 | in startups

Agriculture-focused deep tech startup Ecozen has secured Rs 82.4 crore or $10 million from Nuveen Global Fund. This is the second tranche of its planned Rs 200 crore Series C round. The board at Ecozen has passed a special resolution to issue 1,06,657 Series C2 CCPS at an issue price of Rs 7725.67 each to raise Rs 82.4 crore or $10 million, according to its regulatory filings with the Registrar of Companies (RoC).