Fruitfal Secures Investment from India Accelerator’s iAngels Network
- ByStartupStory | October 31, 2023
India Accelerator, in collaboration with its affiliated iAngels network, has made a strategic investment in Fruitfal, a cutting-edge B2B agri sourcing platform specializing in predictive AI demand forecasting for fresh and processed products.
Deepak Nagpal, the Managing Partner of India Accelerator, expressed his enthusiasm for this investment, highlighting the exceptional value proposition offered by iAngels. He emphasized how Fruitfal’s innovative solution in the global agritech sourcing marketplace earned it a spot within the exclusive startup ecosystem supported by iAngels. Fruitfal has demonstrated remarkable success in this domain, underpinned by the profound expertise of its founders, positioning it as a frontrunner in the industry.
The funds injected into Fruitfal will be instrumental in expanding and enhancing its technology platform and unique model. This strategic move aligns with the objective of catering to the surging customer demand in Tier 2-3 cities across India.
Subir Sharma, a representative of Fruitfal, expressed delight at the partnership with India Accelerator, emphasizing the valuable resources and mentorship that the organization brings to the table. He expressed confidence in Fruitfal’s ability to transform the global agri sourcing and distribution landscape, offering verified and optimized experiences to buyers worldwide. The funding secured in this round opens the door to invaluable opportunities for enhancing offerings, driving innovation, fostering growth, and expanding market reach.
India Accelerator’s iAngels investment network boasts a track record of success in seed and early-stage funding, having supported 76 prominent companies to date. This collaboration marks a significant step in Fruitfal’s journey, paving the way for the company to achieve significant milestones and impact the agri sourcing sector on a global scale.
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