LQI raises funding from Indian Singer Sukhbir Singh
August 7, 2019: Indian Singer Sukhbir Singh announced his first investment in Gurugram based beverage startup, LQI.
LQI, is selected as the first startup by Mr. Singh for investment, out of 5 startups shortlisted by startup incubator company Startup Buddy for pitching.
LQI is in the process of raising USD 200K and the Funds will be deployed to increase the production capacity and the geographical expansion to newer markets.
As per the news, Singer Sukhbir investment amount is between 10 to 25 Lakhs.
Founded in Mid-2016 by Shubham Khanna, Palak Kapoor, and Kapil Kumar, LQI uses their proprietary technology to manufacture Smoothie, Milkshake and Fruit Water frozen packs made with 100% raw fresh fruit with an increased shelf life of 2.5 months without use of any colors, flavors, ...