Foodtech startup Fambo has secured ₹21 crore ($2.5 million) in a pre-Series A funding round led by EV2 Ventures, with additional participation from Rajesh Sawhney and several Ultra High Net Worth Individuals (UHNIs).

According to a press release, the funds will be used to expand operations across India, develop an export vertical, enhance technology, and strengthen its network of partner farms.

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Fambo leverages its expertise in farming, technology, distribution, and processing to address some of the most critical challenges in the food industry.

By combining in-depth research, innovative practices, cutting-edge technology, and an efficient supply chain, the company is reimagining solutions to create highly sustainable and efficient food distribution systems. Fambo is committed to pioneering change and driving progress in the foodtech space.

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About Fambo

Co-founded in 2022 by Akshay Tripathi and Sudarshan Satle, Fambo’s AI-powered platform streamlines restaurant operations by managing provisions, sourcing ingredients, and maintaining a reliable, traceable supply chain. The platform facilitates strategic sourcing and ensures on-time deliveries through temperature-controlled logistics, connecting farms directly to restaurants.

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