GreenFortune Secures $1.04M in Seed Funding Led by Incubate Fund

• ByStartupStory     |    July 13, 2023

GreenFortune, a technology-driven window and door systems brand, has successfully raised $1.04 million (approximately Rs 8.5 crore) in a seed funding round. The funding was led by Incubate Fund India, with participation from Titan Capital, Partners Fund Japan, Superb Capital, and Varun Alagh, the founder of MamaEarth.

According to a press release from GreenFortune, the newly raised funds will be utilized for geographic expansion, the development of innovative products, and further technological enablement. The company aims to establish a national presence and venture into the export market within the next few years.

Co-founded in 2022 by Dilip Kumar and Pratyusha Kosaraju, GreenFortune leverages its technical expertise and the PartnerGate application to deliver exceptional customer service. The company claims to have experienced rapid growth over the past 12 months.

The GreenFortune PartnerGate app plays a vital role in empowering fabricators by providing comprehensive support throughout the lead conversion, order execution, and warranty processes. By seamlessly integrating design, bill of materials (BOM) costing and estimation, procurement, and quotation generation, the app streamlines operations and enhances efficiency.

Incubate Fund, headquartered in Tokyo, has been actively supporting startups in India since 2016. With a track record of backing over 25 Indian businesses, including ShopKirana, Captain Fresh, Plum, and WizKlub, the fund has played a significant role in fostering innovation and growth in the Indian startup ecosystem.

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