Bamboo products maker Amwoodo raises $1 million from Zerodha's Rainmatter
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Bamboo products maker Amwoodo has raised $1 million in funding from Zerodha-backed venture fund Rainmatter.The sustainability-focused Kolkata-based startup said the funds will primarily be allocated to capital expenditures, such as upgrading machinery and equipment, upskilling artisans and facilitating expansion initiatives.“Most of the bamboo products sold in India were imported from China. In India, Kolkata was geographically well located near to the northeast and most of the bamboo forest...

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