BOHECO Raises $300K in Seed Funding to Accelerate Industrial Hemp Revolution in India

We are thrilled to announce that Bombay Hemp Company Private Limited, also known as BOHECO, has successfully raised ₹300,000 in funding to further its mission of cultivating an innovative industrial hemp ecosystem in India. Established in January 2013 and headquartered in Mumbai, BOHECO has emerged as a pioneering social enterprise dedicated to research, development, and promotion of industrial hemp—an invaluable resource that holds immense potential for agricultural, environmental, and economic benefits. This latest infusion of capital will be strategically deployed to enhance our research initiatives, expand our cultivation and processing capabilities, and bolster our community-engagement efforts, especially in rural areas where the benefits of hemp farming can significantly uplift local economies. Through collaborative research models and public-private partnerships, we are committed to creating a sustainable industry around hemp while generating vital employment opportunities across India. BOHECO has consistently positioned itself as a leader in fostering the ethical use of cannabis, aiming to develop low-THC varieties that can be safely utilized in various applications without the risks associated with psychoactive substances. Additionally, this funding supports our ongoing initiatives to revive traditional Indian agriculture and further our impact in social entrepreneurship, a mission that already garnered recognition with awards such as the Tata Social Enterprise Challenge Second Runner-Up and the Social Innovation Leadership Award. As we step forward with this funding, we remain focused on driving change, championing the benefits of industrial hemp, and contributing positively to India's agricultural landscape.