Funding news
Bombay Hemp Company logo

Bombay Hemp Company Secures $1.7M Seed Funding to Revolutionize India's Industrial Hemp Ecosystem

Recently funded · $1.7M SeedHealth and Wellness

Get the full Bombay Hemp Company company profile

Access contacts, investors, buying signals & more

Open in Dashboard

Bombay Hemp Company, affectionately known as BOHECO, proudly announces a significant milestone in its growth journey with a successful funding round that raised a total of 1,700,000. This strategic investment marks a vital step forward in reaffirming BOHECO’s commitment to research and promote industrial hemp as the super crop of our era in India. Headquartered in Mumbai, BOHECO has long been at the forefront of pioneering initiatives that not only focus on the cultivation, harvesting, and processing of hemp but also emphasize developing sustainable, science-based solutions through public-private partnerships and contractual farming models. The new funds will be channeled into advancing our research facilities, scaling up innovative cultivation techniques, and expanding our market outreach both domestically and globally.

Our vision extends beyond traditional agricultural manufacturing, as we actively engage with rural communities to rejuvenate Indian agriculture and generate employment opportunities, driving socio-economic development. With collaborative research projects and state-of-the-art processing methods, BOHECO is setting the stage to build a comprehensive industrial hemp and medical cannabis ecosystem in India, ensuring adherence to ethical, scientific, and legal standards. Importantly, while we explore the manifold applications of hemp, we remain steadfast in our commitment to promoting no/low THC varieties, thereby supporting governmental initiatives and shaping policies that prevent the misuse of psychotropic substances. This funding injection not only reinforces our efforts in establishing a robust industrial hemp market but also contributes to our ongoing efforts to secure awards and recognition, such as our accolades at the Tata Social Enterprise Challenge and the Social Innovation Conference Awards. As we embark on this exciting new chapter, we invite our partners, stakeholders, and community members to join us in reimagining the future of sustainable agriculture and industrial innovation.

Other recently funded companies

View all

Other recent Seed rounds

Companies that recently closed a Seed round.

#CompanyAmount
1
Saturn logo

Saturn

$2.0M
2
Nelson logo

Nelson

France

$3.5M
3
TRAVV logo

TRAVV

United States

$1.6M
4
Ineffable logo

Ineffable

Canada

$1.1B
5
Atana Inc logo

Atana Inc

United States

$27.5M