Ratan Tata-backed cannabis research startup raises funds
Ratan Tata-backed Mumbai-based cannabis research startup Bombay Hemp Company has raised â¹3 crore from Hong Kong-based textile company Ginni International Limited and Mukhtar Tejani of Gits Food. Founded in 2013, the startup last raised â¹6.25 crore in a seed round. Claimed to be India's first startup studying the medical use of cannabis, it grows cannabis and studies its medicinal properties.