Super happy to announce GreenFortune Windows and Doors's Series A closure and our follow-on investment in the startup! We, Incubate Fund Asia, have been supporting GreenFortune from its seed round and now we are super confident about the startup's growth potential. It has started as a B2B brand company in engineered construction material space (UPVC window, etc) but, recently, its B2C business has been evolving very fast as well due to Indian consumer's high demand in quality and affordability. We feel GreenFortune has a potential to become "Indian version of LIXIL" (or even bigger).

Congrats again Dilip Kumar
, Pratyusha Kosaraju
, and the entire GreenFortune team!
Welcome and very excited to work together, Shubhankar Bhattacharya and Shiv Kapoor - let's create a big success together!

Onwards and upwards!!

投資先でインドの住宅用建材ブランド企業であるGreenFortuneがシリーズAで$4.5Mを調達しました。リード投資家はドイツ拠点で世界中の建築・不動産テックに投資しているFoundamentalで、我々もシェアを増やすべく大きく追加投資しています。シードラウンドで投資して以来右肩上がりで成長を続けており、またB2Bから始めましたが直近ではB2Cも急成長するなどブランド企業として確かな手応えを感じています。「インド版リクシル」的な企業になるべく、頑張っていきます!

Incubate Fund Asia Incubate Fund Rajeev Ranka Masahiko Homma Dave Kwong Xiang Kartikay Chadha Mayank Agarwal Surbhi Bhatia Sandhya S. Eric Sy Jasmin Y. Satoshi Nunokawa Minami H. Yudai Yamada Masato Nakamura Shubhankar Bhattacharya Shiv Kapoor

This post was originally shared by on Linkedin.