Packaged Food Startup Alimento Agro Raises INR 52 Cr To Strengthen Distribution

by · Inc42

SUMMARY

  • Mumbai-based packaged food startup Alimento Agro Foods has raised INR 52 Cr (about $5.8 Mn) in its Series A funding round from IvyCap Ventures
  • The startup plans to use the capital for expansion of its manufacturing capacity, strengthening nationwide distribution, and accelerating product innovation
  • The startup sells its products via ecommerce platforms like Amazon and quick commerce platforms like Blinkit, JioMart and Swiggy Instamart