Bengaluru-based startup GO DESi has raised Rs 1 crore in funding led by Lead Angels Network headquartered in Mumbai with participation from other angel Investors including serial entrepreneur R Ramaraj, whose last stint was at Sify as the Cofounder & CEO. The capital will help the company aggressively expand its sales and distribution into other metro cities as well as strengthen the back-end supply chain.
Bootstrapping vs Fund Raising – Manish Johri, SVP – Lead Angels featured in The Economic Times
“Funding is somewhat like steroids, it makes things faster, but has side-effects.” – Manish Johri, SVP – Lead Angels Network