The startup is expecting Rs 100 crore worth of transactions in the next few quarters, and targeting Rs 1,000 crore annualised sales in the next 24-36 months.
The Braille printer is expected to cost $350-500 (Rs 21,000-30,000), as compared to the usual price of $2,000.
Founded in 2013 by Prateek Shukla and Teach for India fellow Pankhuri Shrivastava, Grabhouse had raised an undisclosed amount in its January seed round.
"Nothing drives an entrepreneur more than rewards," said Anand Subramaniam, director for marketing communications at Olacabs.
Investors in impact funds expect returns of 15-20% compared with return expectation of 25-32% in venture capital, according to the report.
Hedge funds are perceived by many as very opportunistic investors with more capital and without much expertise in local markets or sectors.
Kinara Capital was set up by former Accenture executive Hardika Shah in 2011. The firm provides collateral free loans in the range of Rs 50,000 to Rs 10,00,000 for asset finance and working capital to MSMEs.
The success of companies in newage sectors such as e-commerce, cloud and others, has made the young startups rely on those who have seen early success.
While Flipkart has raised over Rs 7,200 crore in funding this year, Amazon plans to pour in Rs 12,000 crore into its Indian operations.
Just Dial had launched its Search Plus business earlier this year, moving from just a listing and discovery platform to online transactions.
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