Indian spice blockchain B2B market Growcoms completes US$3.5 million in financing

Growcoms, an Indian blockchain B2B marketplace focused on the spice market, has announced the completion of a $3.5 million financing round led by JSW Ventures and Arali Ventures, with existing investor InfoEdge Ventures participating. Growcoms uses blockchain technology to ensure traceability and quality, thereby improving the efficiency of the entire value chain to fundamentally change the spice industry. The new funds will be used to strengthen its product supply and blockchain technology infrastructure.