Boost for Kashmir Startup Ecosystem: Qul Fruitwall Attracts Foreign Funding

Boost for Kashmir Startup Ecosystem - Qul Fruitwall Attracts Foreign Funding

In a major boost to the startup ecosystem in Kashmir, local horticulture startup Qul Fruitwall (Qul) has become the first private enterprise in the valley to receive global institutional investment. Belgium-based impact investor Incofin has invested Rs 60 crore in Qul, along with Indian growth capital platform Fiedlin. This marks the first instance of a Kashmir-based startup receiving funding from international institutional investors. Founded just 4 years ago, Qul has witnessed remarkable growth in a short span. The startup currently engages with over 5000 farmers in Kashmir and has reached…

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