Foodtech platforms Fambo and KissaanSay have acquired early-stage funding. Fambo is a three-year-old startup that acquired pre-series stage funding of Rs 21 crore from EV2 Ventures, with participation from Rajesh Sawhney and other Ultra-High-Net-Worth Individuals. KissanSay is a direct-from-origin food tech startup that acquired pre-seed financing of Rs 20 lakhs from Jungle Ventures.

Both startups are at the initial stage of their development process. According to the statements of Fambo co-founder and CEO Akshay Tipathi, this funding will be used to develop operational capacities such as micro-processing centres, technology upgradation centres, geographical upgradation and expansion beyond Delhi NCR, and Research and Development Capabilities.

KisaanSay founders Nitin Puri, Manoj Karki, and Vaishali Mehta want to scale their operations, diversify their product portfolio, strengthen their distribution networks, and increase their marketing efforts.

About Fambo-

Fambo connects farmers with hotels, restaurants, and catering services. It has brought together more than 3,500 farmers, 75 acres of GAP-certified farms, many farm produce organisations, and 500 restaurants into its network. Fambo assists in menu and vendor management, eases the cooking processes, reduces food wastage, and ultimately delivers food in a standardized manner.

Fambo is at the pre-series stage of funding, which usually happens after the seed funding to develop a product and build traction.

About KissanSay-

KissanSay is focused on bringing clarity and authenticity to the food supply chain by sourcing, minimally processing and packaging products at the source. It has nearly 80 products across 12 categories. The start-up has collaborated with 20 farmer collectives representing over 50,000 farmers. It uses both online and offline channels for distribution. It has e-commerce platforms, direct-to-customer channels and retail stores across Delhi NCR region.

KissanSay is at the pre-seed funding stage, which happens at the earliest stage when the company develops a prototype and validates the business model. It wants to scale up before reaching Series A funding.