Bombay Hemp Company (Boheco), India's first startup studying the medical use of cannabis, has raised a seed round of Rs 6.25 crore from marquee investors including the chairman emeritus of Tata Sons, Ratan Tata and Google India's managing director Rajan Anandan.
The startup in partnership with the Council of Scientific and Industrial Research (CSIR) plans to grow cannabis and study its medicinal properties for use in the treatment of epilepsy, breast cancer and palliative care. According to a report in The Economic Times, the seed funding is primarily being used to hire scientists from India as well as abroad for