Hungry Foal Raises Funding From GAIL India’s Startup Initiative ‘Pankh’
[dropcap]G[/dropcap]urugram based nutrition enriched food manufacturing startup Hungry Foal has secured a Pre-Series A funding from GAIL (India) Ltd under GAIL’s startup initiative ‘Pankh’.
The agreements were exchanged at ‘Startup Sangam’ - an event organized by Ministry of Petroleum and Natural Gas in the presence of Shri Dharmendar Pradhan, Minister of Petroleum & Natural Gas and Skill Development & Entrepreneurship, Govt of India at The Taj Mahal Hotel, New Delhi, INDIA.
The funds will be used for market expansion, technology and production ramp up, the company told in a press statement.
JV Foodworks Pvt Ltd owned Hungry Foal was started 15 months ago, developed its products in technical collaborations with the scientists at SINED - TBI, NDRI, Karnal.
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