Agritech startup Fambo has secured INR 21 Cr (around $2.4 Mn) in a seed funding round led by EV2 Ventures.

Rajesh Sawhney, the founder and CEO of GSF Accelerator, as well as a number of ultra-high net worth individuals (UHNIs) participated in the round.

The company plans to invest in technology, expand its network of partner farms, create an export vertical, and scale up operations across India with the new funding.

Founded in 2022 by Akshay Tripathi and Sudarshan Satle, Fambo is a platform that connects farmers directly with quick service restaurant (QSR) chains, hotels, and cloud kitchens, to sell fresh produce, minimizing waste, and maintaining quality.

Its AI-powered platform helps restaurants manage provisions, purchase ingredients, and ensure a reliable supply chain with traceability.

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