India Accelerator s iAngels Network Invests Undisclosed Amount In Fruitfal
Summary
Fruitfal will use the funds to scale and deepen its technology platform and unique model to meet the exploding customer demand in tier 2-3 cities in IndiaIndia Accelerator and its affiliated iAngels network have invested in Fruitfal- a predictive AI demand forecasting B2B agri sourcing platform for fresh and processed products.Commenting on the investment, Deepak Nagpal, Managing Partner of IA said, iAngels is a thoughtfully curated network of highly selective investors with a value proposition beyond funding, transforming startups into billion-dollar ventures. Fruitfal has been selected for this inclusive startup ecosystem, given its innovative solution in the global agritech sourcing marketplace. The company has had phenomenal success so far in this domain - backed by the world-class expertise of the founders and will continue to excel in the industry as leaders.Fruitfal will use the funds to scale and deepen its technology platform and unique model to meet the exploding customer demand in Tier 2-3 cities in India.Subir Sharma of Fruitfal said, Fruitfal is delighted with this remarkable opportunity as IAs expertise, network, resources and mentorship will undoubtedly propel us to transform the global agri sourcing and distribution journey, allowing buyers across the world to benefit from a verified and optimised experience. With this fundraising round, well be able to unlock invaluable opportunities to enhance our offerings, innovation, growth and market expansion. Were looking forward to embarking on this venture alongside IA and hoping to achieve significant milestones in our journey.India Accelerators iAngels investment network is a pioneer in seed and early-stage funding, having successfully funded 76 prominent companies.