Hyperlocal fruit and veggies e-tailer FreshWorld has secured an undisclosed amount of investment from Infosys co-founder Kris Gopalakrishnan. The funds will be used to scale FreshWorld’s retail network, upgrade its e-carts and technology. The company plans to triple its e-carts to 60 and bring on board 250 employees by the end of 2015. FreshWorld sources fruits and vegetables from farmers, producers and aggregators and claims that it’s delivery is environment friendly.
The year-old Bangalore-based startup works like a street vendor using electric carts associated with a tablet, printer and communication technologies to keep track of its transactions. FreshWorld operates over 20 customised and battery operated rickshaws going around 12 regions in Bangalore and claims to be selling over 200 kgs of fruits and veggies per rickshaw every day.