Tuesday, April 16

Tag: fingerlix

Mumbai based Food Startup Fingerlix Raises 8.5 Crore
FUNDING

Mumbai based Food Startup Fingerlix Raises 8.5 Crore

Mumbai based ready-to-cook meals delivery startup Fingerlix raises Rs 8.5 crore funding from Alteria Capital Advisors LLP. The funding is in venture debt and this is the first investment by Alteria capital. Founded by Ajay Hattangdi and Vinod Murali in October 2017, Alteria Capital announced that its receives Rs 356 crore on 1st March for the investment and looking to make it 1000 crore fund. Mumbai based fingerlix which is the subsidiary of Maverix Platforms Pvt. Ltd was started by Shripad Nadkarni and Shree Bharambe. The duo had enough experience in packaged consumer goods sector. They were also founded brand consultancy startup MarketGate, which was acquired by the Publicis Groupe in 2012. Shripad Nadkarni is also an investor in Hector Beverages, the manufacturer of Paper Boat....
Ready-To-Cook Food Startup Fingerlix Raises $7Mn in a Series B Round
FUNDING

Ready-To-Cook Food Startup Fingerlix Raises $7Mn in a Series B Round

Run by Maverix Platforms Pvt. Ltd, ready-to-cook food brand Fingerlix, has recently raised $7 million in a Series B funding round led by Accel Partners and its existing investor Zephyr Peacock India. The startup is also planning to launch recipe-based offerings in several centre-of-plate categories. Other than that, it will be utilising the funds to accelerate its growth strategy and expand into newer geographies of Bengaluru, Hyderabad, Chennai and Delhi-NCR. Currently Fingerlix is offering ready-to-cook products such as batters, mixes, curries, lentils and paranthas. It will soon be offering Upma Mix, Biryani Mix and Puran Poli after the funding it raised. “We are delighted to partner with Accel, and further strengthen our association with Zephyr Peacock. We look forward to workin...