MangoPoint Secures INR 3.5 Cr in Funding Round Led by the Chennai Angels
Summary
Founded in 2018 by the visionary husband-and-wife duo Manjula Gandhi Rooban and Prasanna Venkatarathnam, MangoPoint specializes in exporting single-origin, carbide-free, chemical-free high-quality fresh mangoes and processed mango products to Europe and North America. This will directly benefit farmers by assisting in improving their mango growing practices and enhancing their income. Balakrishnan Ranganathan (CMD, Excelencia iTech Consulting), the Lead Investor from The Chennai Angels, emphasized the significance of MangoPoints mission, stating, "Opportunities in Indian agriculture are evolving rapidly. We at The Chennai Angels are excited about their journey to scale and committed to their mission of taking our mangoes to the global stage." MangoPoints commitment to quality and sustainability aligns with the changing dynamics in the agriculture sector, and the recent funding round is a testament to the confidence investors place in the companys vision and execution.
Funding
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