INDIA: FINGERLIX, AN INDIAN READY –TO- COOK FOOD BRAND RAISES $7MILLION IN SERIES B ROUND - CALIPHATE MEDIA

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Thursday, 19 October 2017

INDIA: FINGERLIX, AN INDIAN READY –TO- COOK FOOD BRAND RAISES $7MILLION IN SERIES B ROUND



19 October,2017

 Fingerlix, a Mumbai-based startup food brand that produces Ready-to-cook food products such as Batters, Mixes, Currie, Lentils and Paranthas has successfully raised $7 million from Accel Partners and Zephyr Peacock which are venture capital firms.
According to the startup, the raised fund will be used to fast tract its growth strategy and expansion into territories such as Bengaluru, Hyderabad and Chennai with eys on selected international markets.
The company also has plans of expanding the production line to include ready- to- cook like Upma Mix, Biryani Mix and Puran Poli.


         According to  Fingerlix Founding director Shripad Nadkarni  and Shree Bharambe, Founder & CEO in a joint statement “With this latest round of funding, we aim to introduce more offerings and foray into newer cities to introduce Fingerlix to a larger customer base”
 “We look forward to working closely with them (Accel, Zephyr) in the areas of analytics, widening of our distribution channels and expanding our presence across high-demand geographies,” they added. Packaged food companies have attracted investor interest in recent times.





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