India, March 29 -- D2C fruits and vegetables delivery startup Pluckk is raising INR 85 Cr (around $10 Mn) in its Series A round from Euro Gulf Investment.

As per the startup's regulatory filings accessed by Inc42, its board approved a proposal to issue 3,023 Series A compulsorily convertible preference shares (CCPS) at a face value of INR 10 and a premium of INR 2.81 Lakh each on March 11.

The Mumbai-based startup plans to deploy the fresh capital to fuel its growth plans and for repayment of inter-corporate deposits (ICDs)

The development was first reported by Entrackr.

Founded in 2021 by Prateek Gupta, Pluckk sells fresh fruits and vegetables across more than 15 categories, including essentials, exotics, hydroponics, and cuts, mixes...