TPG's Rise Fund backs Indian startup Frontier Markets's $2.25m pre-Series A funding

TPG's Rise Fund backs Indian startup Frontier Markets's $2.25m pre-Series A funding

Jaipur, India. Photo by Tom Chen on Unsplash

Jaipur-based rural distribution startup Frontier Markets has raised close to $2.25 million, as a part of its pre-series A financing round, led by ENGIE Rassembleurs d’Energies, French electric utility firm ENGIE’s venture arm, The Rise Fund and The Singh Family Trusts (advised by Artha Impact).